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8 Ways to Avoid Probate, by Mary Randolph
Fee Download 8 Ways to Avoid Probate, by Mary Randolph
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Some simple planning can spare families the cost and delay of probate court proceedings after a loved one's death. Probate can drag on for years, and can easily cost thousands of dollars -- money that would otherwise have gone to survivors.
8 Ways to Avoid Probate offers simple and effective methods for skipping the probate process so that property goes directly to the intended beneficiaries. In plain English, it explains:
• 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
• streamlined probate 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 -- nearly 20 states now offer a special deed for just this purpose.
- Sales Rank: #879779 in Books
- Brand: Randolph, Mary
- Published on: 2014-04-25
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .75" w x 7.00" l, .0 pounds
- Binding: Paperback
- 296 pages
Review
“…complete details for each state…” Los Angeles Times
“… 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
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 The Executor's Guide: Settling Your Loved One's Estate or Trust, 8 Ways to Avoid Probate, Every Dog's Legal Guide: A Must-Have Book for Your Owner, and Deeds for California Real Estate. She 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.
Most helpful customer reviews
2 of 2 people found the following review helpful.
Five Stars
By D. Kasparek
Clear and easy to understand and follow.
4 of 6 people found the following review helpful.
Valuable
By Gene P. Louie
As the title suggests, the author details ways to avoid probate. These including the following:
.
1. Setting up Payable-On-Death Accounts.
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2. Name a beneficiary for your retirement accounts, stocks and bonds, vehicles, and real estate.
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3. Holding property in a joint ownership.
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4. Creating a living trust.
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5. Special procedures for small estates.
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6. Making gifts.
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The contents are readable and general. As a result, the reader has to purchase selections from Nolo - the publisher - if he want to write a will or construct a living trust without hiring an expensive lawyer.
1 of 1 people found the following review helpful.
Five Stars
By Richard S. Kurimsky
it is exactly as advertised
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