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 topselling 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.
Jadual kandungan
Introduction: Thinking About Probate Avoidance 1. Set Up Payable-on-Death Accounts 2. Name a Beneficiary for Your Retirement Accounts 3. Name a Beneficiary for Stocks and Bonds 4. Name a Beneficiary for Your Vehicles 5. Name a Beneficiary for Your Real Estate 6. Hold Property in Joint Ownership 7. Create a Living Trust 8. Take Advantage of Special Procedures for Small Estates 9. Make Gifts 10. Putting It All Together Glossary Appendix: State Information Index
Mengenai Pengarang
Mary Randolph earned her law degree from the Boalt Hall School of Law at the University of California, Berkeley. She is the author of The Executor’s Guide: Settling Your Loved One’s Estate or Trust, and 8 Ways to Avoid Probate. Randolph is also a coauthor of the legal manual for Quicken Will Maker Plus. She has been a guest on The Today Show and has been interviewed by many publications, including The Wall Street Journal, the Los Angeles Times, the San Francisco Chronicle, and more.
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