Preparing even a simple will now can lessen the anxiety of navigating the complicated and lengthy probate court process for estates with no will in place. If you pass away with a valid will, the will still needs to be submitted to the probate court, but the process is relatively simple and quick.
Trusts are the ideal way of avoiding probate after your passing. A trust operates as a legal document, which allows your loved ones to access your property after you pass away. “Revocable” means that during your lifetime, you can make changes to the trust as circumstances change.
If you have minor children, it is imperative that you set up a guardianship. This ensures that you, and not the court, decides who will care for your children if you pass away prematurely. While the courts have good intentions, they do not know you, your children, or the people around you.