Taking a few simple steps now can mean sparing your family and beneficiaries a lot of time and money. Probate court proceedings can drag on for a year and cost tens of thousands of dollars. With
8 Ways to Avoid Probate, you'll learn how to create an optimal estate plan by:
- naming payable-on-death beneficiaries for financial accounts
- leaving real estate with transfer-on-death deeds
- using a living trust, and
- naming the right beneficiaries for IRAs, 401 (k)s, and other retirement plans.