Understanding probate’s value for you

Understanding probate’s value for you

On Behalf of | Jul 29, 2019 | Successions And Probate |

Probate gets a bad rap sometimes, but the truth is it is actually quite beneficial for you, especially when leveraged the right way. The sooner you begin planning your estate and the more detailed you are about your plans, the less involved the courts will have to get in making sure that your estate is distributed as you desire. At Dale M. Maas, Attorney at Law, we are experienced in helping people in Louisiana with their estate planning efforts. 

As more services are becoming available online, you can find several options for creating and finalizing a will on your own. While this option is undoubtedly more effective than doing nothing at all, there is considerable value in utilizing a professional to help you make sure nothing is missing and that your documents are legally legitimate. According to Centier Bank, avoiding costly probate intervention after you pass away is a goal that you can effectively achieve as you proactively coordinate and maintain a well-written estate plan. Some of the important things to keep in mind include the following:

  • Update your beneficiaries if they change, if they are now adults and no longer minors, if new family members are born and if marriages or divorces take place. 
  • Think digitally and keep important information about your passwords and online assets in a place that is secure, but accessible for those who will need it after you pass away. 
  • Coordinate your beneficiary designations and updates between your will, any retirement accounts and life insurance policies.  

When you understand the value of probate and how it could make a difference in the effectiveness of your estate plan, you may be able to make a confident decision about how to proceed with your efforts to plan for your future. For more information about writing a will, visit our web page.