Most people have probably heard that it's a good idea to avoid probate, though they may not fully understand why. Essentially, the reason you may wish to avoid probate is because it's extremely time consuming and expensive, often tying up property for months, and almost always requiring the assistance of an attorney. The best way to avoid probate, therefore, is to simply line up your assets so that there is nothing in your name that does not automatically pass to someone else at your death. To learn more about avoiding probate, choose from the list of titles below.
- Avoiding the Probate Process
The probate process can be expensive and time-consuming. This article explains the benefits of avoiding probate as well as a number of tips to help you pass on property outside of the probate process.
- Avoiding Probate FAQ
A collection of commonly asked questions about avoiding probate. Find answers to your questions about what happens during the probate process, the advantages of avoiding probate, possible probate exemptions, and more.
- How to Avoid Probate
A guide to avoiding the probate process. Learn about different methods that can help you avoid probate, including jointly owning property, using revocable living trusts, and taking advantage of payable on death accounts.
- The Advantages of an Inherited Roth IRA
Roth IRAs are not only tax-friendly, but they’re also a great way to avoid the probate process. This article offers information on what Roth IRAs are, their tax advantages, and how they can help you avoid probate.