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8 Ways to Avoid Probate - Softcover

Randolph, Mary

 
9780873377096: 8 Ways to Avoid Probate

Inhaltsangabe

Estate planning? You can save your family time, money and peace of mind with a few easy steps. Probate court proceedings can drag on for years, and the costs--lawyer's fees, appraisal fees, court fees -- can easily eat up thousands of dollars that would otherwise go to your family.

Luckily, there are simple and effective ways to completely avoid probate. Some are so simple that they can be taken care of in the time it takes to open a bank account-and most of them won't cost you a penny.

With 8 Ways to Avoid Probate, learn how to take advantage of eight important -- and often overlooked -- probate-avoidance strategies:

set up payable-on-death bank accounts

name a beneficiary for retirement accounts

register stocks & bonds, and vehicles, in transfer-on-death forms

hold property in joint ownership

take advantage of special procedures for small estates

create a living trust

give away property now Updated state-by-state charts show you which probate-avoidance techniques are available where you live. 8 Ways to Avoid Probate also contains detailed examples of how combining probate-avoidance methods can work for you in different stages of your life.

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