In this short clip, Richard Dundee, Partner in our Private Client team breaks down the concept of a probate trust.
A probate trust is a legal tool used to manage and distribute a person's assets after they pass away, bypassing the often lengthy and costly probate process. The video explains how a probate trust works and its key benefits. By the end, you will have a clearer understanding of how probate trusts can help streamline the estate planning process.
Disclaimer: This podcast contains material for general information purposes only and does not constitute legal or other professional advice. Every effort is made to ensure that the content is accurate and up to date but users should always seek specific legal advice before taking, or refraining from, an action or relying on the legal information given here.
Although Wright Hassall can assist with a number of legal matters, individuals should visit the firm's website or make direct contact to confirm whether the legal advice or service required is provided.