Want to save your family money and hassle? Read this book!
Probate court proceedings after a death can 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 explains methods to skip the probate process, including:
- naming payable-on-death beneficiaries for financial accounts
- holding property jointly
- transferring real estate with transfer-on-death deeds
- using a living trust
- naming the right beneficiaries for IRAs, 401(k)s, and other retirement plans, and
- using probate shortcuts for small estates.
This updated edition covers the latest state laws on probate avoidance methods and all estate-related impacts of recent federal changes to retirement distribution rules.
