How do I avoid Probate?
The most effective way to avoid probate is by setting up a properly drafted living trust funded by your assets.
Other alternatives strategies include naming beneficiaries on certain accounts like IRAs or annuities, using joint ownership where appropriate, and using transfer-on-death deeds for real estate. However, these alternatives do not guarantee proper distribution, management, and preservation of your assets for your beneficiaries the way a living trust can.
