Recent Posts



Solutions to Avoid Probate

Every estate-planning attorney will tell his/her clients to organize their assets to avoid the stressful probate process. The probate court process is not only expensive, but it is also extremely inconvenient and frustrating for the heirs. One solution to avoid probate is to create a joint tenancy agreement. Joint tenancy is defined as the holding of an estate/property by two or more individuals. When one of the joint owners passes, the estate/property will automatically pass to the surviving joint owner. Joint tenancy is an “inexpensive version of an estate plan” that can be used as an alternative to a will. However, there are consequences of using joint tenancy as a substitute for estate-planning documents. Because trustworthiness is a defining factor in joint tenancy agreements, it is important that the joint owners are both on the same page. For example, there must be full trust between joint owners in joint tenancy bank accounts because one owner may use the account for his/her personal expenses.

On the other hand, living trusts are more expensive and are used more often compared to joint tenancy agreements to avoid probate. Living trusts are characterized as less risky than joint tenancy agreements because there is more"assurance that your assets will not be used without permission." Because of this, most estate-planning attorneys will advise that you create a living trust to avoid probate. Lauren Richardson is willing to answer any questions you might have about how to avoid the expensive, stressful probate process. Her expertise will assist clients in creating the ideal estate plan for their personal needs.



Lauren Richardson Law, PLLC

3620 NW 43rd Street, Suite B, Gainesville, FL 32606

Disclaimer: The hiring of a lawyer is an important decision that should not be based solely upon advertisements. This web site is designed for general information only, and Lauren N. Richardson, Attorney at Law, does not offer any warranty or representation as to the site's accuracy or completeness. Every legal situation is unique and no information offered here should be used without the advice of an attorney regarding your specific situation. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Email or phone inquiries do not establish a lawyer/client relationship. No lawyer/client relationship is established until a retainer agreement is executed.

©2017 by Lauren N. Richardson, Attorney at Law. Proudly created with