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8 Ways to Avoid Probate - Paperback | Diverse Reads

8 Ways to Avoid Probate

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If you want to save your heirs time and money, read this book!

Probate court proceedings can drag out and cost tens of thousands of dollars in attorney and court fees—money that would otherwise have gone directly to your loved ones. This book explains how to avoid probate and easy ways to spare your family the hassles of probate court. 

Once you understand the benefits of some of the most effective probate avoidance tools and know how to avoid probate by naming beneficiaries for valuable assets, you’ll be ready to protect your family from the time and costs of probate. 

You’ll learn about the benefits of using living trusts, creating transfer-on-death deeds, and setting up pay-on-death designations for bank accounts, retirement funds, securities, vehicles, and more. Once you’ve implemented the suggestions right for you, you’ll have peace of mind knowing you’ve maximized the property your heirs will receive while minimizing conflict, fees, and wasted time.

This edition includes the latest state and federal laws impacting probate avoidance methods.

ISBN-13: 9781413331707

Media Type: Paperback

Publisher: NOLO

Publication Date: 04-30-2024

Pages: 304

Mary Randolph earned her law degree from the The Universityof California, Berkeley, School of Law. She is the author of The Executor's Guide: Settling Your Loved One's Estate or Trust, and 8 Ways to Avoid Probate. Randolph is also a coauthor of the legal manual for Quicken WillMaker Plus. She has been a guest on The Today Show and has been interviewed by many publications, including The Wall Street Journal, the Los Angeles Times, the San Francisco Chronicle, and more.

Table of Contents

Introduction: Thinking About Probate Avoidance 1. Set Up Payable-on-Death Accounts 2. Name a Beneficiary for Your Retirement Accounts 3. Name a Beneficiary for Stocks and Bonds 4. Name a Beneficiary for Your Vehicles 5. Name a Beneficiary for Your Real Estate 6. Hold Property in Joint Ownership 7. Create a Living Trust 8. Take Advantage of Special Procedures for Small Estates 9. Make Gifts 10. Putting It All Together Glossary Appendix: State Information Index