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Probate typically takes 12-18 months in Georgia depending on the size or assets of the estate.
It is also possible to register stocks and bonds with a TOD form. However, it is important to highlight the fact that Georgia does not allow transfer-on-death deeds for real estate or transfer-on-death registration for vehicles.
Probate isnt always required in Georgia. It is necessary by law if the assets belonged solely to the deceased person with no named beneficiary or with the estate as the named beneficiary. If the assets were included in a revocable living trust, probate wont be necessary.
When a Georgia resident dies, his or her estate generally goes through probate. Having a Will does not avoid probate, it only directs where your property goes. Certain circumstances do allow property to bypass the probate process. Whether you die with or without a will, your estate goes through probate.
If you do have a will, the probate court determines whether the will is valid and appoints an executor. If no will exists, the court appoints an administrator. The court also ensures that the estate pays any outstanding debts and distributes any remaining assets that go through probate.
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Georgia has among the most user-friendly of probate laws, allowing many estates to avoid probate altogether, as well as streamlining the administration of most estates that are probated.
Probating an estate in Georgia usually involves these three steps: Gathering all the assets of the deceased persons estate, including money, investments, bank accounts, real estate, and other property. Paying off the debts and taxes owed by the estate. Distributing the remaining assets to the heirs.
In Georgia, summary probate offers a simplified probate procedure for estates of individuals who die without a will and with less than $10,000 in their bank accounts.
In order to avoid this, there are five easy ways to avoid probate in Georgia. Hold Property Jointly. Choosing Beneficiary Designations. Transfer-On-Death and Pay-On-Death Accounts. A Revocable Living Trust. Give Property Away To Loved Ones.
With careful estate planning, it is possible to avoid the probate process. But Georgia still requires the will to be filed with the probate court. This is especially important if you are planning to distribute property or assets.

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