Why does not everyone know about this subject?
A. Quarantine is a legal system to distribute inherited property after death. If there is a will or if there is no real estate plan, a will will be generated. You may have heard that everyone should have a will. But the will is a one way ticket to verify. You might ask me why it is bad. please read.
B. Quarantine takes place at the prosecution court which is a division of your state civic court (as opposed to criminal court). Screening is a formal procedure with many formal requirements. It is almost impossible to navigate the checking procedure without the help of a knowledgeable attorney.
C. Because of institutional procedures, congestion, time requirements, and system-specific delays, the verification is a very time-consuming and very expensive process. Two to three years' time is not uncommon. Court costs and fees are expensive. Lawyers' attorneys charge a very high fee. In most states, lawyers can charge fees for some real estate as a fee, regardless of the amount of work to do. My acquaintance, who I recently got acquainted with, over three years of delay, a legal fee of more than $ 150,000 in the testament to his father's will. Certainly, it was a great asset contested by family, but you got that idea. All that money falls from above the real estate.
D. Sample testing is a public process. In other words, every aspect of real estate is a matter of public record. This includes details of family management and family finances.
E. All transactions during the prosecution proceedings must be approved by the prosecution court. This includes the sale of real estate and other assets. Ask real estate agents about the difficulty of selling houses during the inspection. The worst is that it is a nightmare. I actually witnessed an open bid in the courtroom after the sales contract was submitted. It may take several months extra time with a much lower selling price.
F. The prosecutor judge has a final voice in all decisions. Who gets what, what to share, how to raise your child, to cultivate religion, to sell a house, to buy your house, how much your surviving spouse can spend from family property Yes, and the myriad other decisions made during the prosecution are all made by the judge. The judge thinks of your express wish, but in most cases it will not be detained. He or she is the absolute ruler of the prosecutor's court and it is almost impossible to challenge the judge's decision.
G. It is very easy to challenge your will. Regardless of how your will rules are airtight, dissatisfied heirs simply submit short documents in the court and in many jurisdictions, simply standing in the courts and state their challenges By doing so, you can easily challenge your desires. Regardless of the validity of the challenge, this may take years to the length of the testing process.
H. When the meter reading procedure is delayed for a long time, there is often a serious dispute between heirs. There is a possibility that heirs will destroy family relations, such as worrying that the heirs are "deceived", accusing each other late for a long time.
I. Family business is often lost or broken due to delay, difficulty in obtaining capital, exposure to competitors through a notary public.
J. There is the possibility of exposing real estate to more federal property (death) tax with or without will.
K. The reason you know is that outside the law school you are taught about this subject without your knowledge. I practiced the law for 15 years before I encountered this information in this class of law education. Most people learn what they know about the process of directly experiencing when parents and relatives died. And unfortunately, lawyers who are profiting from the verification system are not in a hurry to tell you about postings until it is too late. They certainly inform unconsciously that there is an easy and surely inexpensive way to avoid probate.
I am about to change it all. To publish the certification system is my passion for over 20 years. You and your loved one will never have to experience a necropsy nightmare! I will show you how to avoid all the above scenarios. Once you are ready to protect your family, you or my choice lawyer can help you!
Prosecution courts, judges or lawyers are not required for the distribution of real estate by revocable living trusts. Let's repeat that. Not going! There is no guard! Real estate will be settled in few weeks instead of two to three years. Your distribution is completely private, and it is very difficult to challenge. In the living trust, you can protect your property from excessive taxes, enabling quick and easy sales and other disposal of assets. Your Lifestyle Trust can also protect your heir from yourself, protect your family's business, protect disabled heirs, maintain family relationships and offer pets.
My website will tell you about revocable living trusts. Why should you have it? I will explain the advantages and disadvantages of Living Trust.
People will probably procrastinate death planning over other chores. We all think that we can wait until later. Just turning on the news every day makes me hear that sudden and sooner death will occur. Today is already too late for someone already. It is very simple and important, so the result of not acting may be devastating. I just want to encourage you to take action today. You will not regret stepping on this step to defend your family.
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