Probate FAQs How long does probate take? The probate length depends on the estate's complexity. Still, it usually takes several months to a few years for all assets to be distributed. How do you avoid probate? You can avoid probate by transferring ownership of assets into pay-on-death accounts, placing assets in a revocable living trust, or gifting your property and assets to a friend or family member. When is probate needed? Probate is usually required when the deceased had substantial assets in their name at the time of death, such as real estate properties, investments, and financial accounts. What is the purpose of probate? Probate aims to ensure that all assets are distributed according to the deceased's wishes or following state law. It also ensures that creditors and beneficiaries are satisfied before any remaining assets can be distributed. What happens if there is no will? If the deceased did not have a valid will, their estate would be administered following state intestacy laws. Such a law dictates how an estate should be divided amongst heirs and beneficiaries. In this case, the probate court would still need to appoint an administrator to administer the estate. About the Author True Tamplin, BSc, CEPF® Facebook Linkedin Instagram Twitter Youtube True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists. True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics. To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.