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 Location:  Home » Wills-Estate Law » Estate Planning » 8 Ways to Avoid ProbateJanuary 9, 2009  
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8 Ways to Avoid Probate
8 Ways to Avoid Probate
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Author: Mary Randolph
Publisher: Nolo.com
Category: Book

List Price: $19.99
Buy New: $0.44
You Save: $19.55 (98%)
Buy New/Used from $0.44

Avg. Customer Rating: 5.0 out of 5 stars(5 reviews)
Sales Rank: 1635590

Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Edition: 4th
Number Of Items: 1
Pages: 240
Shipping Weight (lbs): 0.9
Dimensions (in): 8.8 x 6.9 x 0.6

ISBN: 0873379152
Dewey Decimal Number: 346.73052
EAN: 9780873379151
ASIN: 0873379152

Publication Date: March 2003
Availability: Usually ships in 1-2 business days

Editorial Reviews:

Product Description
Estate planning? You can save your family time, money and peace of mind with a few easy steps.

Probate court proceedings can drag on for years, and the costs--lawyer's fees, appraisal fees, court fees -- can easily eat up thousands of dollars that would otherwise go to your family.

Luckily, there are simple and effective ways to completely avoid probate. Some are so simple that they can be taken care of in the time it takes to open a bank account-and most of them won't cost you a penny.

With 8 Ways to Avoid Probate, learn how to take advantage of eight important -- and often overlooked -- probate-avoidance strategies:

*set up payable-on-death bank accounts
*name a beneficiary for retirement accounts
*register stocks & bonds, and vehicles, in transfer-on-death forms
*hold property in joint ownership
*take advantage of special procedures for small estates
*create a living trust
*give away property now

Updated state-by-state charts show you which probate-avoidance techniques are available where you live. 8 Ways to Avoid Probate also contains detailed examples of how combining probate-avoidance methods can work for you in different stages of your life.


Customer Reviews:

4 out of 5 stars There are choices   May 15, 2007
  0 out of 2 found this review helpful

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



5 out of 5 stars If you live in Texas read this   January 27, 2006
  8 out of 8 found this review helpful

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 let it happen to you. It is a huge problem. This book educates you on every issue and how it has to be handled differently in different states.



5 out of 5 stars Worth every penny.   July 21, 2002
  6 out of 6 found this review helpful

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.


5 out of 5 stars wonderful read   December 26, 2000
  14 out of 15 found this review helpful

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.


5 out of 5 stars 8 Ways to Avoid Probate by Mary Randolph   March 31, 2000
  12 out of 13 found this review helpful

I rate this book very highly. It was very informative and easy to follow. Each section covered the topics to the fullest. This book is very easy to understand and I would recommend it to anyone looking for answers on how to avoid probate and how to go about making a living trust. There are many books on the market about this subject, but I feel this book covers it all.

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