13 Things You Should Never Put in Your Will

In general, the process of probating any assets should be avoided where possible because probate is time consuming, often taking 9-15 months, and can be expensive with court costs and attorney’s fees, according to David Bross Sr., estate planner with Truepoint Wealth Counsel, an OSBA-certified specialist in estate planning. “The good news is that only individually owned assets with no beneficiary designation are subject to probate,” Bross said. “So, it’s recommended that property be owned jointly or in trust, or assets such as bank accounts, retirement accounts and life insurance have a beneficiary designation.”

Read more from David Bross in “13 Things You Should Never Put in Your Will” on GOBankingRates.com here.