4 Ways to Avoid Probate
Probate is the legal process that the bereaved family has to go through after death when the decedent leaves assets to distribute. The surviving family cannot make any financial plans or contracts regarding the assets before probate in some cases. The problem is that probate can take enormous amount of time and costs, especially if it is a contentious probate, if there are assets difficult to locate or value, or if the assets are spread in multiple jurisdictions.
As a high net worth individual or an expat living abroad, how can you prevent probate?
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