The probate process does provide certain protections, but it is not always going to be positive for the rightful heirs to an estate. Inheritances are not distributed while the court is probating the estate, and it will typically take somewhere in the vicinity of a year, even if there are no particular complications. A loss of privacy is another drawback, because probate records can be accessed by the general public. Anyone who is interested could find out what went on during the probate process.
Topics covered in this report include:
- Transfers Outside of Probate