8 Ways to Avoid Probate

About this book

Want to save your family money and hassle? Read this book!Probate court proceedings after a death can cost tens of thousands of dollars in attorney and court fees--money that would otherwise have gone directly to your loved ones. This top-selling guide explains methods to skip the probate process, including: naming payable-on-death beneficiaries for financial accounts holding property jointly transferring real estate with transfer-on-death deeds using a living trust naming the right beneficiaries for IRAs, 401(k)s, and other retirement plans, and using probate shortcuts for small estates. This updated edition covers the latest state laws on probate avoidance methods and all estate-related impacts of recent federal changes to retirement distribution rules.