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The Pros And Cons Of Probate
Submitted by Anné Bottom line: While probate is a default mechanism that what documents are necessary schedule a consultation today
Desormier-Cartwright, Esq. ultimately works to enforce fair distribution of even small by calling our office at (561) 694-7827, Anné Desormier-
In estate planning circles, estates, it can create undue cost and delays. For that reason, Cartwright, Esq., Elder & Estate Planning Attorneys PA, 480
the word “probate” often many people prefer to use strategies to keep their property out Maplewood Drive, Suite 3, Jupiter, FL 33458.
comes with a starkly negative of probate when they die. The content of this article is general and should not be relied
connotation. Indeed, for many A skilled estate planning attorney can develop a strategy upon without review of your specific circumstances by competent
people — especially those to help you avoid probate and make life easier for the next legal counsel. Reliance on the information herein is at your
with larger estates — financial generation. For more information about your options, contact own risk, as it expresses no opinion by the firm on your specific
planners recommend trying to us today to schedule a consultation. circumstances or legal needs. An attorney client relationship is
keep property out of probate If you have questions about this or your estate plan and not created through the information provided herein.
whenever possible. That being
said, the probate system was
and his/her heirs, and in a few cases it may even work to an Cardinal Newman High School
ultimately established to protect the property of the deceased
advantage. Let’s look briefly at the pros and cons of going
through probate. Announces New Athletic Director
The Pros
For some estates, especially those in which no will was
left, the system works to make sure all assets are distributed Cardinal Newman instant connection with our student athletes and serve as an
according to state law. Here are some potential advantages of High School is pleased to exemplary role model to them.”
probating an estate: announce the appointment Campbell is originally from Jacksonville, Fla., and earned
● It provides a trustworthy procedure for redistributing the of Reilly Campbell as a Bachelor of Science in sport management from Florida
property of the deceased if no will was left. the new athletic director, State University and a Masters of Education in educational
● It validates and enforces the intentions of the deceased if effective July 11. Campbell leadership from the University of New England. Campbell’s
a will exists. brings varied experiences appointment as Newman’s athletic director comes after a
● It ensures taxes and claimed debts are paid on the estate, in school athletics and thorough search.
so there’s a finality to the deceased person’s affairs, rather than education from Catholic “I am excited to have been given the opportunity to lead
an uncertain, lingering feeling for the beneficiaries. and college preparatory the athletic department at Cardinal Newman High School,
● If the deceased was in debt, probate gives only a brief schools and will also serve as well as the boys basketball team,” states Campbell. “The
window for creditors to file a claim, which can result in more as head boys basketball coach. Cardinal Newman athletic program has a rich history that I
debt forgiveness. Campbell joins Cardinal Newman High School from am honored to be part of. I look forward to building on the
The Cons Atlanta International School in Atlanta, Ga., where he served past and helping to create new legacies.”
While probate is intended to work fairly to facilitate the as athletic director since 2019. Before that, Campbell was About Cardinal Newman High School
transfer of property after someone dies, consider bypassing the athletic director and head basketball coach at Notre Dame Founded in 1961, Cardinal Newman is a premier Catholic
process for these reasons: Academy in Duluth, Ga. He has spent over a decade coaching college preparatory high school in West Palm Beach. It
● Probate is a matter of public record, which means personal athletics and has taught middle through high school grades, has a rich tradition of attracting gifted scholars, athletes,
family and financial information become public knowledge. including many AP courses. and artists who will become women and men of character,
● There may be considerable costs, including court, attorney, “Reilly’s energy and passion for athletics and developing faith, and intellect. Newman’s coeducational environment
and executor fees, all of which get deducted from the value of young people’s ‘body, mind, and spirit’ made him an ideal allows students to grow and develop in a safe and communal
the estate. candidate,” states President Brother Thomas Zoppo. “He setting. Every classroom promotes collaboration, creativity,
● Probate can be time-consuming, holding up distribution embodies the core values of Cardinal Newman and the and critical thinking, and each student receives the support
of the assets for months, and sometimes, years. athletic department, and I am confident he will make an required to achieve his/her personal best.
● Probate can be complicated and stressful for your executor
and your beneficiaries.
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