Quote:
Originally Posted by Porsche-O-Phile
Even so, if stuff goes to probate, EVERYONE loses as a general rule.
It's your stuff. You worked hard to earn it and obtain it. You should be the one to decide its ultimate disposition, not someone else.
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Not necessarily, a lot of that depends on what state you live in. I have been the executor of three estates in probate in TX (one of these was intestate). Probate is extremely simple here with an absolute minimum of court involvement because it allows independent administration of estates. If you have a will, most of your "stuff" will go as the will directs with no involvement of the court at all. If you are intestate, there is a well defined order of which heirs get what, no one sits around and decides who will get what. In none of the cases did anyone lose anything.
Of course if someone starts contesting wills, etc... all bets are as to what legal fees you can run up.