Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    8 Ways to Avoid Probate
    Unavailable
    8 Ways to Avoid Probate
    Unavailable
    8 Ways to Avoid Probate
    Ebook400 pages3 hours

    8 Ways to Avoid Probate

    By Mary Randolph

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    Did you know? If you plan carefully, your estate may not have to go through the process of probate. Probate can drag on for years, and can easily cost your family thousands of dollars--money that would otherwise have gone to them.

    8 Ways to Avoid Probate offers simple and effective methods for skipping the probate process so that property goes directly to the intended beneficiaries. Using the simple, plain-English instructions, you'll learn how to create a savvy estate plan. Find out about:

  • setting up payable-on-death accounts
  • naming beneficiaries, including children, institutions, and multiple beneficiaries
  • naming beneficiaries for retirement accounts, vehicles, real estate, and stocks and bonds
  • special procedures for small estates
  • holding property in joint ownership, and alternatives to joint ownership
  • using a living trust to avoid probate
  • making gifts of property and money

    This edition provides updates to estate and gift tax laws, updated 50-state tables on simplified probate, and additional information on how to bequeath real estate without probate--12 states now offer a special deed for just this purpose.
    • LanguageEnglish
    PublisherNOLO
    Release dateApr 15, 2016
    ISBN9781413322781
    Unavailable
    8 Ways to Avoid Probate
    Author

    Mary Randolph

    Mary Randolph earned her law degree from the Boalt Hall School of Law at the University of California, Berkeley. She is the author of The Executor's Guide: Settling Your Loved One's Estate or Trust, and 8 Ways to Avoid Probate. Randolph is also a coauthor of the legal manual for Quicken WillMaker Plus. 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 Chronicle, and more.

    Read more from Mary Randolph

    Related to 8 Ways to Avoid Probate

    Related ebooks

    Law For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      No Children? Why You Still Need an Estate Plan

      Feb 11, 2019

      Estate planning is an extremely personal process, not a one-size-fits-all endeavor. When an individual has no close relatives (other than perhaps a spouse), the decisions required to prepare an estate plan can sometimes feel overwhelming. Over the

      3 min read

    • Article

      You Have a Will - Is It Time for an Estate Plan?

      Jun 21, 2018

      Most people have a will. But a simple will often doesn't cover some complex issues facing your heirs, which is why I recommend an estate plan. I work with doctors, accountants and other professionals, small-business owners and people getting ready to

      3 min read

    • Article

      How To Avoid The Ultimate Rip-off

      Mar 31, 2022

      Losing a loved one is hard enough, particularly during a pandemic, but what comes next can sometimes be complex and costly. There is organising the funeral, tracking down a will and winding up the estate. You have to tie up loose ends such as bank ac

      4 min read

    • Article

      Find the Right Rung on the Legacy Planning Ladder

      Apr 3, 2020

      If you're hoping to leave behind some sort of legacy for your family, friends or favorite charity, you aren't alone. In a 2019 survey by Caring.com, 53% of respondents said they've talked to a loved one about needing a will or living trust, and 76%

      4 min read

    • Article

      What to Do When You’re the Executor

      Oct 29, 2021

      At some point in your life, there’s a good chance you’ll be tasked with acting as the executor of an estate. The designation is both an honor and an obligation. Depending on the size of the estate and your relationship to the deceased, performing the

      3 min read

    • Article

      Planning AHEAD

      Sep 30, 2020

      Planning AHEAD
      2 min read

    • Article

      5 Financial Boxes You Should Check Before COVID-19 Strikes

      Apr 23, 2020

      I'm not sure I've ever read, let alone written, a title so morbid. These are unprecedented times. The unfortunate reality is that, according to the CDC, the fatality rate of this virus is over 10% for those 85+, but the virus can be deadly no matte

      4 min read

    • Article

      So, You Have an Estate Plan ... Now What?

      Nov 12, 2019

      Congratulations! You've been meaning to create an estate plan for a long time -- and now you finally have a health care advance directive, a durable power of attorney, a will and maybe even a revocable trust. You've accomplished something important

      4 min read

    • Article

      A Guide For Care Givers

      Feb 6, 2020

      A Guide For Care Givers
      3 min read

    • Article

      6 Common Myths About Wills

      Feb 9, 2024

      Send suggestions for topics and requests for info to yourmoney@you.co.za. We may answer your questions in this column but won’t reply personally. THERE are many misconceptions about wills – the main one is that drafting one is depressing and too much

      3 min read

    • Article

      10 Surprising (or Surprisingly Common) Estate Planning Mistakes

      Jun 1, 2018

      When it comes to wills, as a financial planner, I've seen a lot of sad, unfortunate or just plain weird things happen over the years. Poor estate documents can lead to people accidentally cutting loved ones out of inheritances, paying big tax bills u

      5 min read

    • Article

      Where There’s A Will...

      Apr 17, 2022

      Death and money – they’re two subjects most people would prefer not to talk about. But you’ll need to face both to create a will, which is something nearly half of Australian adults haven’t done. While it isn’t a pleasant thing to think about, making

      2 min read

    • Article

      Why Everyone Needs an Estate Plan

      Aug 30, 2018

      I'm unmarried and childless, so I didn't see the point in having a will until last year, when my mom planted the idea. Even now--like many of my peers--I am procrastinating. According to a recent survey from Caring.com, 78% of millennials don't have

      2 min read

    • Article

      Money Matters With Effie

      May 18, 2022

      Money Matters With Effie
      3 min read

    • Article

      When Elder Care Requires Legal Advice

      Sep 15, 2020

      Laura French, an elder care attorney in Georgia, sees it all the time. A family is in denial about a parent or another older relative’s deteriorating physical or mental health until there’s a crisis, and “all of a sudden everyone realizes ‘we can’t d

      5 min read

    • Article

      Plan For The Best

      Oct 2, 2019

      Plan For The Best
      6 min read

    • Article

      Where There’s A Will...

      Oct 27, 2023

      Where There’s A Will...
      2 min read

    • Article

      Wills Are Vital In Transferring Wealth To The Next Generation

      Oct 24, 2020

      IT IS a fact that most people fail to plan. One cannot help but wonder why people commit to a lifetime of creating wealth but do not take the time to draft a will to deal with their assets when they die. Wills play a vital role in transferring wealth

      2 min read

    • Article

      Wills Are Vital In Transferring Wealth To The Next Generation

      Oct 24, 2020

      IT IS a fact that most people fail to plan. One cannot help but wonder why people commit to a lifetime of creating wealth but do not take the time to draft a will to deal with their assets when they die. Wills play a vital role in transferring wealth

      2 min read

    • Article

      Witness Testimony

      Dec 20, 2022

      Witness Testimony
      5 min read

    • Article

      Financial Advice I Would Give My Younger Self – Planning for a Young Family

      Aug 2, 2022

      As a planning expert frequently on the lecture tour, I often get asked, “What else should we know?”  I always look at the younger audience members and think – if only I knew this back when.  That’s the motivation behind this expert series on planning

      4 min read

    • Article

      Top 10 Estate Planning Tips in a Time of Coronavirus

      Jun 16, 2020

      It has arrived: the unexpected, potentially life-threatening circumstance you had in mind when you set up your estate plan, and now you're feeling really relieved that you took care of it before the emergency struck. Right? Even if you haven't alrea

      5 min read

    • Article

      The Way To Make A Will

      Dec 17, 2021

      The pandemic has sparked a boom in will writing. There was a 267% rise in people making online and telephone wills with will writer Farewill last year. Yet 49% of Britons still don’t have a will, says Co-op Legal Services. Asurvey by the Co-op reveal

      2 min read

    • Article

      Are You Ready for Longevity? 4 Steps to Take Now

      Aug 13, 2018

      Did you know that a non-smoking 65-year-old woman today has a 50% chance of living until 88? A non-smoking 65-year-old man has a 50% chance of living until 85? That's how life expectancy works - the longer you live, the more likely you will live lon

      4 min read

    • Article

      Will Power

      Feb 17, 2023

      Will Power
      5 min read

    • Article

      Prince’s Estate Is a Royal Mess: 5 Ways You Can Do Better

      Feb 5, 2022

      When pop superstar Prince died of a fentanyl overdose in 2016, he left behind significant assets, many relatives … and no will. It was a recipe for disaster. In addition to tangible assets – money in the bank, real property – Prince left music rights

      4 min read

    • Article

      Why make A WILL?

      Aug 18, 2021

      Why make A WILL?
      2 min read

    • Article

      Add Power To The Estate Plan

      Oct 27, 2021

      Add Power To The Estate Plan
      6 min read

    Reviews for 8 Ways to Avoid Probate

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words