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How Can I Keep My Heirs from Having to Go Through Probate?

Besides setting up a Family Trust, there are a few other ways to avoid probate. These include the following:

  1. The property can be set up with a joint tenancy or a life estate form of ownership;
  2. Bank accounts and securities investments (stocks and bonds) can designate a “payable on death” beneficiary;
  3. A married couple can sign a devolution agreement; or
  4. The property can be given away to friends of family prior to death.

Unfortunately, these alternatives usually have significant adverse tax or other implications. A person should confer with an attorney before deciding to use one of these options in order to avoid probate.

Client Reviews
Cadillac service for a great price! No complaints, only compliments. We appreciate your "personal touch" and easygoing style. Paul Jansen
I was completely satisfied with the entire process. In a few short weeks I had a completed trust tailored to my specific needs. It was so easy! The timeline and costs were stated up front, and every aspect was handled with the utmost professionalism, what more could one ask for? The website is extremely helpful. 5 stars to Barry Peters! Melissa S.
Thank you very much for your help with the closing of Mom’s house, it is now scheduled to close Monday. You were the only person that said we can beat all of this. Other attorneys told us to walk away. We put our faith in you Mr. Peters and came out on top. Thank you again. Michael E.