The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Gives A Brief Overview Of Ancillary Probate And How To Avoid It.
The Estate & Asset Protection Law Firm Owner, Shannon Pawley, explains that most people find out about ancillary probate the hard way and educates readers so they are well-informed can prevent beneficiaries from having to go through this time-consuming and expensive process.
DECATUR, GA, September ••, 2023: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new blog on the law firm’s website entitled “How To Avoid Ancillary Probate Through Estate Planning.” Ms. Pawley explains three common terms and what they reference along with ways to avoid the process.
“Ancillary probate,” Pawley explains, “is a legal term that is unfamiliar to most people. However,” she adds, “as with many legal challenges, those who do know about it may have found out about it the hard way. First, be aware that ancillary probate is something you want to avoid like any probate. So, it’s good to know even a little about it in the event you could be subject to it and thus avoid it. Or you might even be able to help a friend or relative avoid it.”
According to Pawley, “You may hear the terms “ancillary administration” as well as “ancillary estate.” They’re all used in reference to property owned in different states.” She offers an example. “Say your permanent home is in Georgia and you own a vacation home in Orlando. When you die, a probate estate will have to be opened in Georgia to address the ultimate distribution of all assets located in Georgia in your individual name at time of death and a separate ancillary probate will need to be opened in Florida to address the Orlando vacation property.”
Pawley notes, “Several methods are available when creating an estate plan that will allow you to avoid ancillary probate. These methods include trust ownership, joint ownership, enhanced life estate deed, ownership in a business entity, and/or beneficiary account.”
The entire blog can be read at LINK HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.