In this webinar, which was recorded on May 14, 2020, Nurse Attorney Cathleen Summers and Attorney Phil Summers discuss the details of probate – how long the process takes, what’s involved, and why you want to avoid it now and at any time in the future.
In order for you to easily access this information, time markers for the topics covered in this video are listed below:
1:30 – What are Last Will and Testaments and how do they work?
6:30 – Probate: what it is, and the issues with Probate
9:20 – The probate process – what’s involved
21:50 – How COVID-19 crisis is affecting probate
27:55 – How to avoid probate
32:00 – Trusts (including discussion of Revocable and Irrevocable) and how they can be a useful tool in avoiding probate
41:05 – What you need to do when a loved one dies
45:50 – Q&A session with answers to questions like:
Average cost of probate
Who’s attorney files an estate to probate
Adding assets to trusts
Follow this link for more detailed information about the Avoiding Probate During Crisis.