How To Avoid Probate
If your personal estate is valued up to $3,000,000.00, chances are that you can avoid probate entirely by following a few simple steps. In addition, no matter what its size, you can strengthen and secure your estate as well as protect your heirs by following the following 6 guidelines.
- Title real property to insure proper transfer to reflect your wishes and take place outside of probate.
- Use joint ownership of designated cash accounts to allow immediate access to funds after death by specified individuals, outside of probate.
- Use PODs (Pay on Death) and TODs (Transfer on Death) designations for desired investment transfers without cost, outside of probate.
- Use proper and accurate beneficiary designations on life insurance, company retirement programs and private retirement accounts to guarantee desired allocations, outside of probate.
- Organize your personal, family and financial data for easy access and to maximize ongoing benefits including assisting in avoiding probate. Get all your information into a single organized system.
- Protect and preserve your important information for ongoing long-term family and financial security. Make your files safe from fire, burglary, or misplacement.
If you're not sure exactly how to take these steps, I've explained all 6 at lenth in a short ebook. It's free, so download it and get rolling. Avoiding Probate (pdf)
