8 Ways to Avoid Probate

8 Ways to Avoid Probate

Paperback - 2014
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Some simple planning can spare families the cost and delay of probate court proceedings after a loved one's death. Probate can drag on for years, and can easily cost thousands of dollars -- money that would otherwise have gone to survivors.

8 Ways to Avoid Probate offers simple and effective methods for skipping the probate process so that property goes directly to the intended beneficiaries. In plain English, it explains:

* setting up payable-on-death accounts
* naming beneficiaries, including children, institutions, and multiple beneficiaries
* naming beneficiaries for retirement accounts, vehicles, real estate, and stocks and bonds
* streamlined probate procedures for small estates
* holding property in joint ownership, and alternatives to joint ownership
* using a living trust to avoid probate
* making gifts of property and money

This edition provides updates to estate and gift tax laws, updated 50-state tables on simplified probate, and additional information on how to bequeath real estate without probate -- nearly 20 states now offer a special deed for just this purpose.
Publisher: Berkeley, California : Nolo, 2014
Edition: 10th edition
ISBN: 9781413320145
Branch Call Number: KF750.Z9 R36 2014x
Characteristics: 284 pages ; 23 cm

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