Accounting Articles > Estate Planning:

What is probate?

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Probate is nothing more than the orderly transition of assets per the instructions of a Will.

This process used to be a nightmarish, but it has been simplified. Many estates, if they are put together properly and are uncontested, can be probated and completed in less than 6 – 8 months.

The operative words here are “put together properly.” If you are asking this question in the first place, then its probably time for a new accountant. Call our offices today. As highly recommended CPA's and Enrolled Agents practicing in Chicago, we have the experience to help you and your company. Call or e-mail one of our specialists today.

By Chris Amundson - President - Accounting Solutions Ltd.

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