WEBVTT
00:00:00.320 --> 00:00:05.200
If you have a will, does that mean that your family can avoid probate when you die?
00:00:05.759 --> 00:00:07.440
A lot of people think it does.
00:00:07.599 --> 00:00:10.160
Unfortunately, that's not how a will works.
00:00:10.400 --> 00:00:13.679
We're going to get into that in deeper detail here.
00:00:14.160 --> 00:00:20.000
You're listening to a Retire Coast estate planning brief with Bill Anderson, founder of Retire Coast.
00:00:20.640 --> 00:00:31.120
These short episodes take important estate planning questions and break them down into practical information you can understand and use as you plan for yourself, your family, and the future.
00:00:31.440 --> 00:00:32.799
Now, back to Bill.
00:00:33.679 --> 00:00:39.679
The answer to the question I posed is a will does not avoid probate.
00:00:40.079 --> 00:00:41.920
Very important that you understand that.
00:00:42.079 --> 00:00:44.240
It does not avoid probate.
00:00:44.880 --> 00:00:49.359
In many cases, the will is actually the document presented to the probate court.
00:00:49.759 --> 00:00:58.320
The will tells a court how you want probate assets distributed and usually names the person you want to administer the state.
00:00:58.799 --> 00:01:05.519
You know, having a will makes the process clearer, but it does not automatically keep the estate out of court.
00:01:05.840 --> 00:01:07.920
A will directs probate.
00:01:08.079 --> 00:01:10.319
It doesn't eliminate probate.
00:01:12.719 --> 00:01:17.359
What probate actually means is it's a legal process.
00:01:17.599 --> 00:01:21.120
It's used to administer certain property after someone dies.
00:01:21.840 --> 00:01:25.519
The court recognizes the will if it's valid, if there is one.
00:01:25.680 --> 00:01:33.120
Well, the executor and personal representative receives the authority to act for the deceased person.
00:01:33.519 --> 00:01:41.040
Debts and legitimate claims are addressed and probate court, and remaining probate property is distributed.
00:01:41.439 --> 00:01:51.680
Without a will, state intestine law generally determines who receives probate property, or that's called dying intestate.
00:01:53.280 --> 00:02:06.959
I want to bring this up because I experienced this with a family member when someone passed away and the family member had a lot of debts, and the person was actually going to take those money remaining and go out and spend it.
00:02:07.040 --> 00:02:10.400
And I suggested that they might not want to do that.
00:02:10.879 --> 00:02:14.319
They need to first discharge those debts with those funds.
00:02:14.479 --> 00:02:16.879
That's one of the things that the probate court does.
00:02:17.039 --> 00:02:21.120
So another key question is do I have a will?
00:02:21.759 --> 00:02:26.479
And a better question is what happens to each of my assets when I die?
00:02:27.360 --> 00:02:30.319
We're going to use an example here of Jake.
00:02:31.280 --> 00:02:35.919
So Jake owns a house titled solely in his name.
00:02:36.240 --> 00:02:39.280
He has a checking account in his name only.
00:02:40.080 --> 00:02:46.639
He owns a truck solely in his name, and he has a retirement account that names his daughter as a beneficiary.
00:02:47.360 --> 00:02:51.520
Jake has a perfectly valid will, leaving everything to his daughter.
00:02:51.759 --> 00:02:59.439
Having said all of this, does the existence of that will automatically transfer the house, checking account, and truck to his daughter?
00:02:59.599 --> 00:03:01.199
And the answer is no.
00:03:01.439 --> 00:03:06.159
Now the retirement account will automatically pass to his beneficiary designation.
00:03:06.319 --> 00:03:10.800
I mentioned that in another podcast, rather than through the will.
00:03:11.439 --> 00:03:18.159
While the individually owned assets without another transfer mechanism may be probate assets.
00:03:18.400 --> 00:03:20.240
Now this brings up a point.
00:03:20.560 --> 00:03:22.879
Not all assets go through probate.
00:03:23.039 --> 00:03:34.080
There are assets that avoid probate, and they include retirement accounts with beneficiaries because you set that up with the company that holds your account.
00:03:34.719 --> 00:03:38.639
Life insurance, again, same situation with the beneficiaries.
00:03:38.879 --> 00:03:49.360
Certain jointly owned properties with survivor rights, and that might include your home if that's what you have set up in that state where you have the property.
00:03:50.000 --> 00:03:57.439
And then payable on death or transfer on death arrangements were available and properly established.
00:03:57.599 --> 00:04:03.599
The same situation there because that's already done, and state law covers all of these things.
00:04:04.080 --> 00:04:11.280
And then assets properly owned by a trust are also not subject to the probate.
00:04:11.599 --> 00:04:13.439
I want to make a distinction here.
00:04:13.680 --> 00:04:18.399
Your will generally controls property that becomes part of your probate estate.
00:04:18.560 --> 00:04:23.199
It doesn't override every other way property can legally transfer.
00:04:23.360 --> 00:04:27.839
And that would include what we just talked about, such as your 401k plan.
00:04:28.240 --> 00:04:30.079
So why bother having a will?
00:04:30.480 --> 00:04:32.399
Well, let's go through a few points.
00:04:32.639 --> 00:04:35.759
A will remains a fundamental estate planning document.
00:04:35.920 --> 00:04:38.639
It states who should receive probate property.
00:04:38.800 --> 00:04:42.240
Again, that's not your 401k because that's already taken care of.
00:04:42.639 --> 00:04:45.199
It can nominate the person who administers the state.
00:04:45.360 --> 00:04:49.040
It can address guardianship nominations if you have minor children.
00:04:49.279 --> 00:04:56.160
It can deal with property that wasn't otherwise planned for, and there's always something people leave out even from a trust.
00:04:56.399 --> 00:05:04.000
And it provides instructions rather than leaving distribution entirely to the judge and to the state law.
00:05:04.240 --> 00:05:07.839
One of our lessons here is isn't that you don't need a will.
00:05:08.160 --> 00:05:14.240
The lesson is that a will and avoiding probate are two different estate planning objectives.
00:05:14.480 --> 00:05:18.959
If you want to avoid probate, then look beyond the will.
00:05:19.360 --> 00:05:21.360
So I'm going to introduce a few concepts here.
00:05:21.439 --> 00:05:24.959
I'm not going to cover everything in this short episode.
00:05:25.600 --> 00:05:29.040
One is review how assets are titled.
00:05:29.279 --> 00:05:37.920
Other one is review beneficiary designations, understand joint ownership, consider whether revocable trust makes sense.
00:05:38.240 --> 00:05:42.000
Understand which assets should and shouldn't be placed in a trust.
00:05:42.240 --> 00:05:45.360
Consider state-specific transfer options.
00:05:46.240 --> 00:05:50.959
Coordinate everything rather than collecting disconnected documents.
00:05:51.759 --> 00:05:55.759
We're going to talk about all of these things in a future podcast.
00:05:56.160 --> 00:06:07.839
So if you're sitting somewhere and you're not driving to work and you want to do this little um exercise, take out a sheet of paper and write down your five largest assets.
00:06:07.920 --> 00:06:13.360
And next to each one, write down whose name is on it and whether it has a beneficiary.
00:06:13.920 --> 00:06:15.759
Don't worry about solving anything yet.
00:06:15.839 --> 00:06:17.839
Just determine how you own it.
00:06:18.079 --> 00:06:23.839
So, for example, you could take your house and say that your spouse is your beneficiary.
00:06:24.000 --> 00:06:25.759
Fine, you already took care of that.
00:06:25.920 --> 00:06:39.680
If some of those beneficiaries aren't listed next to your five largest assets, that's the type of work that you have to accomplish in order to complete your estate planning.
00:06:39.920 --> 00:06:42.879
And there's more, but that's a good start.
00:06:44.000 --> 00:06:57.120
You also may determine that your estate plan isn't really one document, it's a collection of ownership decisions, beneficiary decisions, uh, and legal documents that all have to work together.
00:06:57.439 --> 00:07:15.519
The main reason people want to avoid probate, other than the potentially a very large cost, hiring attorneys, going through a lengthy process, there may be assets that family members need and can't get to them because the probate just keeps dragging on.
00:07:15.759 --> 00:07:25.920
I can tell you that one case of a family member many years ago, one of my mother's relatives, was extremely wealthy.
00:07:26.240 --> 00:07:31.920
And the will that was written was very poorly drafted.
00:07:32.000 --> 00:07:33.519
There was no trust.
00:07:34.079 --> 00:07:47.199
And after 15 years of court battles, she received a total, I think, of around$300 out of what was uh originally, I believe, millions of dollars.
00:07:47.279 --> 00:07:53.680
Uh, by the time it got down to her and other family members, most of it was eaten up by lawyers' fees.
00:07:53.839 --> 00:08:16.800
Now, I don't want to scare you because that's not the case for most people, but you can plan ahead by first creating this will and then ensuring that other things that can avoid probate, such as your retirement accounts, are properly set up and you have beneficiaries designated for all of those accounts.
00:08:17.120 --> 00:08:27.600
If you are married, your spouse can be a joint owner with right of survivorship on the property itself, so that would definitely go to that person.
00:08:28.319 --> 00:08:31.439
And all of those things will avoid probate.
00:08:31.920 --> 00:08:42.399
The next step is to consider a trust, which we've covered before, and that is a big discussion by itself and what the trust does.
00:08:43.039 --> 00:08:50.320
So a will is important, but a will does not by itself avoid probate.
00:08:50.799 --> 00:09:01.360
And whether an asset goes through probate uh often depends on how, as I mentioned, that particular asset is owned and what transfer arrangements have been made.
00:09:01.840 --> 00:09:05.440
Now, uh this is the time when I throw this out.
00:09:05.759 --> 00:09:23.039
Our estate planning membership was set up so that you can not only understand by going through our free articles what these topics are, from a will to a trust to a HIPAA document.
00:09:23.600 --> 00:09:27.600
You can actually create them in our estate planning membership.
00:09:27.840 --> 00:09:29.360
You can do all the work yourself.
00:09:29.519 --> 00:09:40.799
Take your time, go through the process, make decisions, and go back and make changes if you want to, and then your work is eventually going to be done.
00:09:40.960 --> 00:09:47.679
It's a lot easier to do it in your own home than it is to try to drag it down to someone else's office and have them make decisions for you.
00:09:48.080 --> 00:09:59.840
But it's important to go through this process early on because if you don't create a will and you have no trust either, then the state will make all of the decisions for you.
00:10:00.000 --> 00:10:09.440
That means there'll be a judge sitting behind a desk that will say that Susie gets this and John gets this, and that's the way it is.
00:10:09.759 --> 00:10:13.759
And if you want to fight it, you can go to court and do that too.
00:10:13.919 --> 00:10:15.840
Uh but you don't want any of those things.
00:10:16.000 --> 00:10:20.159
So doing that planning in advance and making a decision.
00:10:20.240 --> 00:10:39.519
Uh, read our articles at retirecoast.com and decide whether you actually need to create a will, most people do, or you need to create a will and a trust, many people do, particularly when you get older and you have assets and you have a lot of people that you want things to be distributed to.
00:10:39.679 --> 00:10:49.919
Uh and it's important because for the will, you're going to designate someone to take care of those issues in the will.
00:10:50.559 --> 00:10:54.559
And then a trust that could be an entirely separate person.
00:10:54.960 --> 00:11:04.399
And our membership helps you make decisions that are made based on rational facts rather than emotions.
00:11:04.639 --> 00:11:14.720
Now I put links in our show notes for you to be able to read the articles that we've written, extensive articles on all of these different topics, so that you can understand a lot more.
00:11:14.799 --> 00:11:20.480
I know you're listening to this, and this maybe piques your attention, and you learn a little bit from it.
00:11:20.639 --> 00:11:38.639
Reading it gives you a little bit more, and we have some longer podcasts also that get into some of these things, particularly the decisions you have to make on who gets what uh and what is actually going to be given, uh, whether you want to give something to uh charity or not.
00:11:38.960 --> 00:11:51.759
Then there is that tricky situation where you do not want your nephew or niece to get a penny for whatever reason, maybe your son or daughter, for example.
00:11:52.000 --> 00:12:03.120
Simply leaving them out of the will actually makes it easier in some cases for those people you don't want to receive anything to ultimately sue and get something.
00:12:03.279 --> 00:12:05.919
So if you read our articles, we'll get into that.
00:12:06.080 --> 00:12:16.799
In fact, we'll talk about that in another podcast coming up, gives you a little bit more detail on how the will and the trust help to avoid those situations as well.
00:12:17.279 --> 00:12:28.080
So please go to retirecoast.com and take a look at our estate planning membership and read any of our just articles on estate planning.
00:12:28.159 --> 00:12:37.840
You'll see them uh just type in the search button, just type state, and then you'll see all the different articles that come up there as well.
00:12:38.080 --> 00:12:41.279
Well, thank you for coming and listening to our podcast.
00:12:41.600 --> 00:12:44.559
Why a will does not avoid probate.
00:00:00.320 --> 00:00:05.200
If you have a will, does that mean that your family can avoid probate when you die?
00:00:05.759 --> 00:00:07.440
A lot of people think it does.
00:00:07.599 --> 00:00:10.160
Unfortunately, that's not how a will works.
00:00:10.400 --> 00:00:13.679
We're going to get into that in deeper detail here.
00:00:14.160 --> 00:00:20.000
You're listening to a Retire Coast estate planning brief with Bill Anderson, founder of Retire Coast.
00:00:20.640 --> 00:00:31.120
These short episodes take important estate planning questions and break them down into practical information you can understand and use as you plan for yourself, your family, and the future.
00:00:31.440 --> 00:00:32.799
Now, back to Bill.
00:00:33.679 --> 00:00:39.679
The answer to the question I posed is a will does not avoid probate.
00:00:40.079 --> 00:00:41.920
Very important that you understand that.
00:00:42.079 --> 00:00:44.240
It does not avoid probate.
00:00:44.880 --> 00:00:49.359
In many cases, the will is actually the document presented to the probate court.
00:00:49.759 --> 00:00:58.320
The will tells a court how you want probate assets distributed and usually names the person you want to administer the state.
00:00:58.799 --> 00:01:05.519
You know, having a will makes the process clearer, but it does not automatically keep the estate out of court.
00:01:05.840 --> 00:01:07.920
A will directs probate.
00:01:08.079 --> 00:01:10.319
It doesn't eliminate probate.
00:01:12.719 --> 00:01:17.359
What probate actually means is it's a legal process.
00:01:17.599 --> 00:01:21.120
It's used to administer certain property after someone dies.
00:01:21.840 --> 00:01:25.519
The court recognizes the will if it's valid, if there is one.
00:01:25.680 --> 00:01:33.120
Well, the executor and personal representative receives the authority to act for the deceased person.
00:01:33.519 --> 00:01:41.040
Debts and legitimate claims are addressed and probate court, and remaining probate property is distributed.
00:01:41.439 --> 00:01:51.680
Without a will, state intestine law generally determines who receives probate property, or that's called dying intestate.
00:01:53.280 --> 00:02:06.959
I want to bring this up because I experienced this with a family member when someone passed away and the family member had a lot of debts, and the person was actually going to take those money remaining and go out and spend it.
00:02:07.040 --> 00:02:10.400
And I suggested that they might not want to do that.
00:02:10.879 --> 00:02:14.319
They need to first discharge those debts with those funds.
00:02:14.479 --> 00:02:16.879
That's one of the things that the probate court does.
00:02:17.039 --> 00:02:21.120
So another key question is do I have a will?
00:02:21.759 --> 00:02:26.479
And a better question is what happens to each of my assets when I die?
00:02:27.360 --> 00:02:30.319
We're going to use an example here of Jake.
00:02:31.280 --> 00:02:35.919
So Jake owns a house titled solely in his name.
00:02:36.240 --> 00:02:39.280
He has a checking account in his name only.
00:02:40.080 --> 00:02:46.639
He owns a truck solely in his name, and he has a retirement account that names his daughter as a beneficiary.
00:02:47.360 --> 00:02:51.520
Jake has a perfectly valid will, leaving everything to his daughter.
00:02:51.759 --> 00:02:59.439
Having said all of this, does the existence of that will automatically transfer the house, checking account, and truck to his daughter?
00:02:59.599 --> 00:03:01.199
And the answer is no.
00:03:01.439 --> 00:03:06.159
Now the retirement account will automatically pass to his beneficiary designation.
00:03:06.319 --> 00:03:10.800
I mentioned that in another podcast, rather than through the will.
00:03:11.439 --> 00:03:18.159
While the individually owned assets without another transfer mechanism may be probate assets.
00:03:18.400 --> 00:03:20.240
Now this brings up a point.
00:03:20.560 --> 00:03:22.879
Not all assets go through probate.
00:03:23.039 --> 00:03:34.080
There are assets that avoid probate, and they include retirement accounts with beneficiaries because you set that up with the company that holds your account.
00:03:34.719 --> 00:03:38.639
Life insurance, again, same situation with the beneficiaries.
00:03:38.879 --> 00:03:49.360
Certain jointly owned properties with survivor rights, and that might include your home if that's what you have set up in that state where you have the property.
00:03:50.000 --> 00:03:57.439
And then payable on death or transfer on death arrangements were available and properly established.
00:03:57.599 --> 00:04:03.599
The same situation there because that's already done, and state law covers all of these things.
00:04:04.080 --> 00:04:11.280
And then assets properly owned by a trust are also not subject to the probate.
00:04:11.599 --> 00:04:13.439
I want to make a distinction here.
00:04:13.680 --> 00:04:18.399
Your will generally controls property that becomes part of your probate estate.
00:04:18.560 --> 00:04:23.199
It doesn't override every other way property can legally transfer.
00:04:23.360 --> 00:04:27.839
And that would include what we just talked about, such as your 401k plan.
00:04:28.240 --> 00:04:30.079
So why bother having a will?
00:04:30.480 --> 00:04:32.399
Well, let's go through a few points.
00:04:32.639 --> 00:04:35.759
A will remains a fundamental estate planning document.
00:04:35.920 --> 00:04:38.639
It states who should receive probate property.
00:04:38.800 --> 00:04:42.240
Again, that's not your 401k because that's already taken care of.
00:04:42.639 --> 00:04:45.199
It can nominate the person who administers the state.
00:04:45.360 --> 00:04:49.040
It can address guardianship nominations if you have minor children.
00:04:49.279 --> 00:04:56.160
It can deal with property that wasn't otherwise planned for, and there's always something people leave out even from a trust.
00:04:56.399 --> 00:05:04.000
And it provides instructions rather than leaving distribution entirely to the judge and to the state law.
00:05:04.240 --> 00:05:07.839
One of our lessons here is isn't that you don't need a will.
00:05:08.160 --> 00:05:14.240
The lesson is that a will and avoiding probate are two different estate planning objectives.
00:05:14.480 --> 00:05:18.959
If you want to avoid probate, then look beyond the will.
00:05:19.360 --> 00:05:21.360
So I'm going to introduce a few concepts here.
00:05:21.439 --> 00:05:24.959
I'm not going to cover everything in this short episode.
00:05:25.600 --> 00:05:29.040
One is review how assets are titled.
00:05:29.279 --> 00:05:37.920
Other one is review beneficiary designations, understand joint ownership, consider whether revocable trust makes sense.
00:05:38.240 --> 00:05:42.000
Understand which assets should and shouldn't be placed in a trust.
00:05:42.240 --> 00:05:45.360
Consider state-specific transfer options.
00:05:46.240 --> 00:05:50.959
Coordinate everything rather than collecting disconnected documents.
00:05:51.759 --> 00:05:55.759
We're going to talk about all of these things in a future podcast.
00:05:56.160 --> 00:06:07.839
So if you're sitting somewhere and you're not driving to work and you want to do this little um exercise, take out a sheet of paper and write down your five largest assets.
00:06:07.920 --> 00:06:13.360
And next to each one, write down whose name is on it and whether it has a beneficiary.
00:06:13.920 --> 00:06:15.759
Don't worry about solving anything yet.
00:06:15.839 --> 00:06:17.839
Just determine how you own it.
00:06:18.079 --> 00:06:23.839
So, for example, you could take your house and say that your spouse is your beneficiary.
00:06:24.000 --> 00:06:25.759
Fine, you already took care of that.
00:06:25.920 --> 00:06:39.680
If some of those beneficiaries aren't listed next to your five largest assets, that's the type of work that you have to accomplish in order to complete your estate planning.
00:06:39.920 --> 00:06:42.879
And there's more, but that's a good start.
00:06:44.000 --> 00:06:57.120
You also may determine that your estate plan isn't really one document, it's a collection of ownership decisions, beneficiary decisions, uh, and legal documents that all have to work together.
00:06:57.439 --> 00:07:15.519
The main reason people want to avoid probate, other than the potentially a very large cost, hiring attorneys, going through a lengthy process, there may be assets that family members need and can't get to them because the probate just keeps dragging on.
00:07:15.759 --> 00:07:25.920
I can tell you that one case of a family member many years ago, one of my mother's relatives, was extremely wealthy.
00:07:26.240 --> 00:07:31.920
And the will that was written was very poorly drafted.
00:07:32.000 --> 00:07:33.519
There was no trust.
00:07:34.079 --> 00:07:47.199
And after 15 years of court battles, she received a total, I think, of around$300 out of what was uh originally, I believe, millions of dollars.
00:07:47.279 --> 00:07:53.680
Uh, by the time it got down to her and other family members, most of it was eaten up by lawyers' fees.
00:07:53.839 --> 00:08:16.800
Now, I don't want to scare you because that's not the case for most people, but you can plan ahead by first creating this will and then ensuring that other things that can avoid probate, such as your retirement accounts, are properly set up and you have beneficiaries designated for all of those accounts.
00:08:17.120 --> 00:08:27.600
If you are married, your spouse can be a joint owner with right of survivorship on the property itself, so that would definitely go to that person.
00:08:28.319 --> 00:08:31.439
And all of those things will avoid probate.
00:08:31.920 --> 00:08:42.399
The next step is to consider a trust, which we've covered before, and that is a big discussion by itself and what the trust does.
00:08:43.039 --> 00:08:50.320
So a will is important, but a will does not by itself avoid probate.
00:08:50.799 --> 00:09:01.360
And whether an asset goes through probate uh often depends on how, as I mentioned, that particular asset is owned and what transfer arrangements have been made.
00:09:01.840 --> 00:09:05.440
Now, uh this is the time when I throw this out.
00:09:05.759 --> 00:09:23.039
Our estate planning membership was set up so that you can not only understand by going through our free articles what these topics are, from a will to a trust to a HIPAA document.
00:09:23.600 --> 00:09:27.600
You can actually create them in our estate planning membership.
00:09:27.840 --> 00:09:29.360
You can do all the work yourself.
00:09:29.519 --> 00:09:40.799
Take your time, go through the process, make decisions, and go back and make changes if you want to, and then your work is eventually going to be done.
00:09:40.960 --> 00:09:47.679
It's a lot easier to do it in your own home than it is to try to drag it down to someone else's office and have them make decisions for you.
00:09:48.080 --> 00:09:59.840
But it's important to go through this process early on because if you don't create a will and you have no trust either, then the state will make all of the decisions for you.
00:10:00.000 --> 00:10:09.440
That means there'll be a judge sitting behind a desk that will say that Susie gets this and John gets this, and that's the way it is.
00:10:09.759 --> 00:10:13.759
And if you want to fight it, you can go to court and do that too.
00:10:13.919 --> 00:10:15.840
Uh but you don't want any of those things.
00:10:16.000 --> 00:10:20.159
So doing that planning in advance and making a decision.
00:10:20.240 --> 00:10:39.519
Uh, read our articles at retirecoast.com and decide whether you actually need to create a will, most people do, or you need to create a will and a trust, many people do, particularly when you get older and you have assets and you have a lot of people that you want things to be distributed to.
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Uh and it's important because for the will, you're going to designate someone to take care of those issues in the will.
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And then a trust that could be an entirely separate person.
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And our membership helps you make decisions that are made based on rational facts rather than emotions.
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Now I put links in our show notes for you to be able to read the articles that we've written, extensive articles on all of these different topics, so that you can understand a lot more.
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I know you're listening to this, and this maybe piques your attention, and you learn a little bit from it.
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Reading it gives you a little bit more, and we have some longer podcasts also that get into some of these things, particularly the decisions you have to make on who gets what uh and what is actually going to be given, uh, whether you want to give something to uh charity or not.
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Then there is that tricky situation where you do not want your nephew or niece to get a penny for whatever reason, maybe your son or daughter, for example.
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Simply leaving them out of the will actually makes it easier in some cases for those people you don't want to receive anything to ultimately sue and get something.
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So if you read our articles, we'll get into that.
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In fact, we'll talk about that in another podcast coming up, gives you a little bit more detail on how the will and the trust help to avoid those situations as well.
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So please go to retirecoast.com and take a look at our estate planning membership and read any of our just articles on estate planning.
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You'll see them uh just type in the search button, just type state, and then you'll see all the different articles that come up there as well.
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Well, thank you for coming and listening to our podcast.
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Why a will does not avoid probate.
