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Probating is an intricate process which is time-consuming and requires a lot of legal paperwork. However, one should not confuse Will planning and Estate planning
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Probate includes the process by which a decedent’s debts get a settlement. It also consists of the property which transfers to their beneficiary and heirs.
This is a normal question which people often think about estate planning. What happens when an asset does not have a beneficiary in a probate?
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Today, it is common for families and family members to own a property in multiple states. Sometimes, two individuals have joint ownership of a property.
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