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This book sets out simple, easy ways for anyone to save family members money and hassles when the time comes. It makes things much easier for surviving family members—and you don’t need a lawyer. And states are changing their laws to give people more ways to avoid probate.
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Want to save your family money and hassle? Read this book!Probate court proceedings after a death can drag on for a year and cost tens of thousands of dollars in attorney and court fees—money that would otherwise have gone directly to your loved ones.Here are easy, effective ways to skip the probate process: name payable-on-death beneficiaries for financial accountsown property jointlyleave real estate with transfer-on-death deedsuse a living trustname the right beneficiaries for IRAs, 401(k)s, and other retirement plans, anduse probate shortcuts for small estates.Completely updated, this edition includes the latest state laws on probate avoidance methods, such as transfer-on-death deeds. The book also covers current estate and gift tax rules under the Tax Cuts and Jobs Act of 2017.
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