What are the Drawbacks of Probate?

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What are the Drawbacks of Probate?
The Importance of this Process
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There are many drawbacks of probate to be aware
of
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Fortunately, there are steps you can take to
help your beneficiaries avoid this
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Public Record
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If your estate goes through probate it will
become public record
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Anybody who wants to learn more about your
estate, including the names of beneficiaries and
how much money you had, can access the
information
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Time Delays
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The probate process can drag on for up to 18
months, especially if there is trouble along the
way such as a will contest
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Frozen Assets
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While your property goes through the probate
process, nobody will be able to access any of the
money or assets
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It can be Expensive
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This is one of the biggest drawbacks of probate
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Along the way, there are many fees that will be
charged
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The longer the process lasts the more it will
cost
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The Court is in Charge
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Even if you feel that the probate process is
unfair, the court is in charge

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There are rules and regulations in your state
that must be followed

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Hire an Experienced Attorney
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If you are going through the probate process
right now or want to help your loved ones avoid
this, you need to consult with an experienced
attorney
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Learn More about Estate Planning in Bellevue
Washington
Learn More about Drawbacks of Probate in
Washington
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Learn More about Estate Planning in Bellevue
Washington
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