Item: Peters Patchin & Monaghan
Rating: 5
Author: Neal V.

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Is Probate Always Required?

By Barry Peters | Jun 29, 2019

Is probate always required when a person passes away?

No, probate is not always required.

If you have minimal possessions, probate may not be required.

How much is “minimal?” Well, if you own any real estate, probate will be required. Period.

If you don’t own any real estate, probate will still be required if you have possessions and accounts worth at least $100,000.

So, unless you own no real estate and have total assets worth less than $100,000, your family will be required to go through probate. Unless you take steps to avoid probate.

★★★★★

Daniel made the entire process simple and easy to understand. He took our questions and made sure we understood all the legal aspects and responsibilities seamless. Neal V.

We want to thank Matt, he was very helpful in answering our questions and walking us through the process of setting up our Family Trust. Charlotte G.

Marcus West was so helpful in setting up our trust. We had several questions and a lot of properties to manage. He was professional & has a great personality. Pamela B.

Ben, you were very thorough in your explanations, answered all of our questions & we would be happy to put our names to referrals for you. Darrell C.

Hello, Ben. Thank you for your assistance with out trust. Your simple, concise, efficient instructions and explanations were easy to understand and follow. We were pleasantly surprised how quickly you were able to get everything set up and ready to go. Desta R.

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