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8 Ways to Avoid Probate

by Mary Randolph

A practical guide to probate-avoidance options

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Paperback New English

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AlbakiReads Editorial

A practical guide to probate-avoidance options

Mary Randolph’s guide organizes several approaches to transferring assets outside probate, from payable-on-death designations and joint ownership to transfer-on-death deeds and living trusts. It also covers beneficiary choices for retirement accounts and probate shortcuts for small estates. The book frames these options around reducing the legal and administrative costs that can accompany estate settlement. Its 16th edition says it addresses state laws and federal changes affecting retirement distributions; those rules vary and can change, so the book is best treated as a structured legal reference rather than individualized advice.

Good fit for readers who enjoy

  • People planning how assets may pass to family or other beneficiaries
  • Readers comparing probate-avoidance tools such as trusts, deeds, and account designations
  • Those seeking an overview of estate administration options for smaller estates

Themes

Estate planningProbate avoidanceAsset transfersRetirement-account beneficiariesSmall-estate procedures

Based on publisher information and book metadata.

Book overview

Want to save your family money and hassle? Read this book!


Probate court proceedings after a death can cost tens of thousands of dollars in attorney and court fees--money that would otherwise have gone directly to your loved ones. This top-selling guide explains methods to skip the probate process, including:



  • naming payable-on-death beneficiaries for financial accounts

  • holding property jointly

  • transferring real estate with transfer-on-death deeds

  • using a living trust

  • naming the right beneficiaries for IRAs, 401(k)s, and other retirement plans, and

  • using probate shortcuts for small estates.


This updated edition covers the latest state laws on probate avoidance methods and all estate-related impacts of recent federal changes to retirement distribution rules.


 

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