Even if you do not want to think about death, it is crucial to have proper estate planning to ensure that your property and assets will go to the right people after your passing. Any unprepared estate is subject to the probate process, in which the court monitors the division of your estate.
Generally, people try to avoid probate because it can take a long time to resolve. Not only does it give your loved ones an additional hassle to an already stressful time of their lives, but it will also cost more the longer it stays out of their reach. Even if they do eventually get certain property, the legal costs from the procedure will decrease the value of the estate they got.
