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Rocket Lawyer's Help videos provide a nice overview on a variety of legal topics from Harvard Law professor and TV Commentator Arthur Miller.

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What is probate? How can I avoid it?

Probate is the court-supervised legal process that determines the validity of your Will (if there is one) gathers your assets, pays your debts, taxes and the expenses of administration; and then distributes the remaining assets to those persons entitled to them.

Probate has gotten plenty of bad press for being time-consuming, frustrating, and costly. But times have changed, and the probate process in many states has become less distressing.

In some states, families with very small estates may be able to use abbreviated probate procedures or avoid probate entirely.

Even if you have a larger estate, you may be able to avoid probate with careful Estate Planning. It is possible to structure your finances so that significant assets will pass to others outside of the probate process. For example, a house owned by two persons jointly with rights of survivorship will pass directly to the survivor. Life insurance, IRA, and pension plan proceeds can go directly to a named beneficiary; and property in a Trust will be governed by the Trust provisions without regard to the Will.

Arthur Miller Legal Help Videos

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