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8 Ways to Avoid Probate
by: Mary Randolph

List Price: $21.99

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Binding: Paperback
Dewey Decimal Number: 346.73052
EAN: 9781413308570
ISBN: 1413308570
Label: NOLO
Manufacturer: NOLO
Number Of Items: 1
Number Of Pages: 274
Publication Date: April 15, 2008
Publisher: NOLO
Sales Rank: 31092
Studio: NOLO

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Editorial Review:

Product Description:
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.

Customer Reviews

Average Rating: out of 5 stars

Rating:

- There are choices
Book gave various ways to accomplish avoiding probate. Good explanations.
As far as I'm concerned, valuable information.

Rating:

- If you live in Texas read this
I have perused several books on this topic and found this one to be much more informative about how Texas laws are very unique in regards to avoiding probate. In fact, most other books don't even mention this. It seems that for every one of these avoidance techmiques, the TX laws are very different in very specific ways and if you don't have everything done according to the letter of the TX law, you could end up with big problems. For example, only in the state of TX do you have to sign a separate written agreement with just the right language and other specifics in order for right of survivorship to actually work in avoiding probate. Not many people are aware of this and even most of the bankiing institutions are unaware. Even the big banking institutions will tell you that their methods are valid and correct when, in fact, they are not. Several cases have gone to the TX Supreme Court because of this. Don't ... Read More

Rating:

- Worth every penny.
Get the book, read it twice and avoid the time, expense and aggravation of a probate. Having gone through a probate, I can tell you that this is something you want to avoid.

Mary Randolph does an excellent jobs of giving you simple techniques that let you bypass most or all of the probate process.

Again, the book is worth the money.

Rating:

- wonderful read
I just recently used this book as part of my study to gain continuing professional education credits for my CPA license. I found it to be an excellent source for anyone who is currently planning his or her family's financial future. It's easy to understand, direct, and written with common-sense language. I will be recommending this book to my clients.

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