Probate is the court-supervised process for validating a will, paying valid debts and taxes, and transferring certain assets after someone dies. Probate is not always expensive or complicated, but many families want to limit court involvement, protect privacy, or make it easier for loved ones to receive assets.
The best way to plan for probate is not to rely on one document. Instead, match each asset with the transfer method that best fits your family, your goals, and the laws in your state.
