Probate is important because it facilitates an orderly process for asset transfers following a death. However, there are downsides. The cost of probate is a big negative, along with the complexity associated with court paperwork, tax filings, and other steps that are key parts of the probate process. The fact that probate takes a really long time is also a big drawback, especially when heirs or beneficiaries want to just inherit and move on with their life and especially in situations where a delay in the transfer of assets to new owners could have adverse consequences for the management of the asset. Find out more here about some of the drawbacks to probate.