Having property in more than one state is common and your estate plan can be designed to protect all of your property, regardless of where it might be located.
What many people don’t realize however, is that a probate process in your home state won’t cover property located elsewhere. In fact, without a comprehensive estate plan, your family will have to go through what’s known as ancillary probate – a subsequent probate process that occurs in the state where the property is located. And this will be true for each property you own.
The most common solution to this is to hire an attorney licensed to practice in that state, but this leaves your family relying on someone they don’t know and someone who is not familiar with your estate.
Obviously, this isn’t an ideal situation. The good news is that there are less stressful ways to handle your out-of-state property and we can help. Spiegel Law, PLLC, can create an estate plan that protects all of your property and gives you and your family peace of mind. Call us today and request your free consultation!