Probate Legal Services
Providing services to individuals in Columbus, Ohio
What is Probate?
Probate is a court-supervised process for distributing the assets of a deceased person to the people or organizations that are entitled to the assets. The local court oversees the process to be sure that the right people receive the assets and at the same time, creditor claims may also be resolved.
Having a Will Does Not Cause or Avoid Probate.
Probate doesn’t depend on whether or not you had a Will, but on what assets you own and how they are titled. There are ways to structure an estate plan to avoid probate (such as using revocable living trusts), but just having a Will won’t do the job.
Why Try to Avoid Probate?
There are many reasons why people want to avoid probate including saving money on probate administration costs; minimizing hassle, avoiding delay and protect privacy but not every factor is important to all persons in all situations.
Why Plan for Probate?
Instead of investing in probate avoidance strategies, people sometimes may actually plan for probate.
Which Probate Avoidance Tools are Right for Me?
There is no one-size-fits-all estate plan. The estate plan that is right for someone else may be totally wrong for you. And given the recent fluctuations in law and tax a plan that worked for some people yesterday might be disastrous today. Understanding your options is a complex undertaking.
What if I am faced with probate?
No matter if proceeding if probate and planning for probate avoidance the Cohen Law Offices joins with you in the goal of pursuing prompt, sensitive and cost efficient administration.