8 Ways to Avoid Probate by Mary Randolph

8 Ways to Avoid Probate by Mary Randolph

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 top selling 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.