Inflation has increased the cost of most daily activities and it is now officially even more costly to die!
As Benjamin Franklin, not Mark Twain said “only two things are certain, death and Taxes.” Recent studies show the administration costs of Probate and Estate Administration has increased significantly. At Falco and Associates P.C., in most instances we can help you avoid probate and these unnecessary costs. In the rare case that Probate is needed or you did not do preemptive planning with F&A, we can represent the family in the Probate and Administration process.
Hiring a probate attorney becomes necessary if a deceased individual’s assets do not pass through a Trust, joint ownership, or have the proper beneficiary designation. It is important to note that having a Last Will and Testament DOES NOT avoid the probate process. Probate requires the court’s involvement in the distribution of a decedent’s assets and can be very overwhelming for the individuals who have recently lost a loved one.
Through the proper preparation and preemptive estate planning documents, a deceased individual’s assets will not go through the probate court process.From filing the petition with the probate court to helping administer the estate, Falco & Associates, P.C. can provide you with a probate lawyer that will provide assistance through every step of the process.