8 Ways to Avoid Probate (Paperback)
by Mary Randolph (Author)
Estate planning? You can save your family time, money and peace of mind with a few easy steps.
Probate court proceedings can drag on for years, and the costsÂ – lawyer’s fees, appraisal fees, court feesÂ – can easily eat up thousands of dollars that would otherwise go to your family.
Luckily, there are simple and effective ways to completely avoid probate. Some are so simple that they can be taken care of in the time it takes to open a bank account-and most of them won’t cost you a penny.
With 8 Ways to Avoid Probate, learn how to take advantage of eight importantÂ – and often overlookedÂ – probate-avoidance strategies:
* set up payable-on-death bank accounts
* name a beneficiary for retirement accounts
* register stocks and bonds, and vehicles, in transfer-on-death forms
* hold property in joint ownership
* take advantage of special procedures for small estates
* create a living trust
* give away property now
Updated state-by-state charts show you which probate-avoidance techniques are available where you live. 8 Ways to Avoid Probate also contains detailed examples of how combining probate-avoidance methods can work for you in different stages of your life.
“Randolph takes the position that the probate process is an unnecessary expenditure of time and money.”
San Diego Union-Tribune
About the Author
Mary Randolph earned her law degree from the Boalt Hall School of Law at the University of California, Berkeley. She is the author of Dog Law, The Deeds Book, 8 Ways to Avoid Probate, and the legal manual for Living Trust Maker and co-author of How to Adopt Your Stepchild in California and 9 Ways to Avoid Estate Taxes. 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 Examiner, and more. She has also written articles for magazines, including Redbook. Mary Randolph currently lives in the San Francisco Bay Area with her family.