Everyone should know that there are ways to avoid probate. All assets have to be put in the adult children's names prior to death. Obviously, there has to be a base-line level of trust in the children for this to happen. Homes can be put into trusts with the children as beneficiaries, bank accounts can be joint, beneficiaries should be put on all annuities and investment accounts. Just a little tidbit for those who can manage it. :)
Everyone should know that there are ways to avoid probate. All assets have to be put in the adult children's names prior to death. Obviously, there has to be a base-line level of trust in the children for this to happen. Homes can be put into trusts with the children as beneficiaries, bank accounts can be joint, beneficiaries should be put on all annuities and investment accounts. Just a little tidbit for those who can manage it. :)
hmmmm, one of these examples sounds familiar....