Did you know? If you plan carefully, your estate may not have to go through the process of probate. 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 and effective methods for skipping the probate process so that property goes directly to the intended beneficiaries. Using the simple, plain-English instructions, you'll learn how to create a savvy estate plan. Find out about:
- 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
- special 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
