Wow! eBook
8 Ways to Avoid Probate Fourteenth Edition
Author(s): Mary Randolph J.D. (Author)
- Publisher: NOLO
- Publication Date: April 26, 2022
- Edition: Fourteenth
- Language: English
- Print length: 304 pages
- ISBN-10: 1413329853
- ISBN-13: 9781413329858
Book Description
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.
Editorial Reviews
Review
“…provides readers with solid advice on easy methods that can skip the probate process, from naming payable-on-death beneficiaries for financial accounts and owning property jointly to creating living trusts and more. It’s been completely updated to include the latest estate laws and gift tax rules, and offers a focus on the transfer-on-death deeds which are now available in more states…” Midwest Book Review
“Randolph takes the position that the probate process is an unnecessary expenditure of time and money.” Library Journal
