“Let’s face it, if you ask them, most people figure they can do a better job of distributing their property and picking an administrator than the state can.”
Phoenix, AZ (PRWEB) November 10, 2012
To die intestate inheritance is when someone, who own property, dies without a will. A will is the legal instrument that tells the judge how the decedent wishes his/her property or estate to be distributed and who they would like to administer the estate. When someone dies intestate the court becomes involved through the probate process. Probate is a time consuming and expensive process. Lee R. Phillips has written this article to help people understand why it is important to avoid this time consuming and costly problem.
Mr. Phillips says that, “Let’s face it if you ask them, most people figure they can do a better job of distributing their property and picking an administrator than the state can. So if this is the case why do so many people die intestate? Some avoid the legal system because it is expensive and time consuming. Others think that if they don’t have will they will avoid the legal system all together. Many don’t want to go to the effort to get their affairs in order and feel that they really don’t care what happens after they die. For most it is a matter of education, they really don’t understand the benefits that come with estate planning.”
Mr. Phillips has written this article to help people understand what it means to die intestate. Mr. Phillips is an attorney who serves as a counselor to the Supreme Court of the United States. He finds fulfillment in helping other people apply the law, not only to provide asset protection and estate planning, but to use it to structure businesses and save taxes. He is the author of 11 books, along with his latest book Guaranteed Millionaire. He has written hundreds of articles for professional people assisting them in finding various strategies to use the law to protect their property, save taxes and make additional money.
LegaLees is a legal self-help publishing company that was founded in 1982. It produces products designed to help people understand the law and how to better structure their personal and business affairs to protect assets and prevent legal disasters that can strike anyone at any time.