You've worked hard to build an estate with assets and funds to leave to your heirs when you're gone. Chances are that you don't want to see the value of that estate reduced by excessive probate costs. You want your heirs to inherit as much of it as possible, preferably with as little fuss as possible. Take a look at some things you can do now to help minimize probate costs and make it easier for your heirs to take control of their inheritance when the time comes.
Do you understand the legal jargon involved with a real estate transaction? Neither did I until I started buying houses every few months. When I started flipping houses, it forced me to become much more familiar with real estate paperwork. Unfortunately, I realized that a few of my earlier mistakes may have led me to make errors that cost me money. From that point on, I decided to hire a real estate lawyer to go over all of my paperwork before it was submitted. After I started working with my lawyer, it was incredible to see how much easier things were.