8 Ways to Avoid Probate

8 Ways to Avoid Probate

<b>Want to save your family money and hassle? Read this book!</b> <br><br> Probate court proceedings after a death can drag on for a year and cost tens of thousands of dollars in attorney and court fees―money that would otherwise have gone directly to your loved ones. <br><br> Here are easy, effective ways to skip the probate process: <p><ul> <li>name payable-on-death beneficiaries for financial accounts <li>own property jointly <li>leave real estate with transfer-on-death deeds <li>use a living trust <li>name the right beneficiaries for IRAs, 401(k)s, and other retirement plans, and <li>use probate shortcuts for small estates. </ul><p> Completely updated, this edition includes the latest state laws on probate avoidance methods, such as transfer-on-death deeds. The book also covers current estate and gift tax rules under the Tax Cuts and Jobs Act of 2017.