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Probate Basics

People don't like thinking about death, but unfortunately it's inevitable. The best thing you can do for your family is to make arrangements for how your property and money will be distributed once you're gone. There are generally two options for this: a will and a trust. If you choose to have a will – which is a good idea even if you have a trust – then it's important to have a basic understanding of the probate process as well. Every will goes through probate, which is the court-supervised process of sorting and administering a person's will. In the event that there isn't a will, the probate court will distribute property and assets according to the applicable laws of each state. FindLaw's section on Probate Basics provides helpful information on what is involved in the probate process.

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