Navigating Probate for Small Estates

07/08/2024 18 min Temporada 1 Episodio 40
Navigating Probate for Small Estates

Listen "Navigating Probate for Small Estates"

Episode Synopsis

Summary: In this episode, our hosts dive into the complexities of handling small estates and discuss whether probate is necessary in such cases. They explore the reasons behind the probate process, its advantages, and why it might be beneficial even for smaller estates. The conversation highlights common scenarios and provides practical advice for executors facing the daunting task of estate administration.  Key points: Always verify whether probate is necessary for the estate you’re handling When dealing with specific assets like vehicles, check local regulations as they might differ and provide easier alternatives Protection for third parties (e.g., banks) to ensure they deal with the right person The discretion banks and other institutions may exercise for small estates Introduction of the surrogate digital process reducing probate time to approximately 14 days Hosts:Jenna CarvalhoThe smartest way to choose an executor.Guardian Estate CompanyFacebookLinkedInInstagramGordon VanderLeekGive your family a legacy of protection - Wills, Estates and Trusts.VanderLeek LawFacebookLinkedInInstagram