8 Ways to Avoid Probate

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8 Ways to Avoid Probate

by Mary Randolph, J.D.

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Pub. Date: Apr 2008
Edition: 7th
Pages: 288 pp
ISBN: 9781413308570
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Summary

Save your family money, time and headaches with a few easy steps.

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 but effective methods to skip the entire process -- plus real-world examples of how others have used them. In the end, you'll understand:

payable-on-death accounts
naming beneficiaries
special procedures for small estates
using joint ownership of property
creating a living trust
making gifts of property and money
and more

The 7th edition provides the latest estate and gift tax rules, updated 50-state tables on simplified probate, new IRS rules on inherited IRAs and 401(k)s. And more on how to leave real estate without probate -- 10 states now allow a special deed for this purpose.

Press Reviews

"You'll find more complete details for each state in Nolo's 8 Ways to Avoid Probate."

Los Angeles Times

"Randolph takes the position that the probate process is an unnecessary expenditure of time and money."

Library Journal

"Consumer friendly..."

San Diego Union-Tribune

"Recommended."

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