Thinking about probate avoidance -- Set up payable-on-death accounts -- Name a beneficiary for your retirement accounts -- Name a beneficiary for stocks and bonds -- Name a beneficiary for your vehicles -- Name a beneficiary for your real estate -- Hold property in joint ownership -- Create a living trust -- Take advantage of special procedures for small estates -- Make gifts -- Putting it all together -- Appendix: State information.
Summary:
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. 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.-- Amazon.com.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.