Save your family money, time and headaches with a few easy steps.
Probate can drag on for years, and can easily cost your family thousands of dollars—money that would otherwise have gone to them.
8 Ways to Avoid Probate offers simple but effective methods to skip the entire process—plus real-world examples of how others have used them. In the end, you'll understand:
- Payable-on-death accounts
- Naming beneficiaries
- Special procedures for small estates
- Using joint ownership of property
- Creating a living trust
- Making gifts of property and money
- And more
The 7th edition provides the latest estate and gift tax rules, updated 50-state tables on simplified probate, new IRS rules on inherited IRAs and 401(k)s. And more on how to leave real estate without probate—10 states now allow a special deed for this purpose.