Then, at your death, you own no property requiring a probateproceeding.
FORBES: Estate Planning Overview and Objectives
2.
Last week, the two sides were in court arguing over whether the probateproceeding should be held in open court, or in a private arbitration proceeding.
FORBES: Did Artist Thomas Kinkade Change His Will While Drunk?
3.
Probate is an expensive, public proceeding which delays distribution of an estate.
FORBES: Financial Advisers for Professional Athletes and Entertainers