8 Ways to Avoid Probate

8 Ways to Avoid Probate image
ISBN-10:

1413327702

ISBN-13:

9781413327700

Edition: Thirteenth
Released: Apr 28, 2020
Publisher: Nolo
Format: Paperback, 304 pages
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Description:

Want to save your family money and hassle? Read this book!

Probate court proceedings after a death 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 topselling guide shows you the most effective ways to skip the probate process:

  • name payable-on-death beneficiaries for financial accounts
  • own property jointly
  • leave real estate with transfer-on-death deeds
  • use a living trust
  • name the right beneficiaries for IRAs, 401(k)s, and other retirement plans, and
  • use probate shortcuts for small estates.

Completely updated, this edition includes the latest state laws on probate avoidance methods, and covers all the estate-related impacts of the recent changes to federal rules on retirement distributions.

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