How can I Prevent My Will From Going Through Probate?
Do you want to make sure your will does not go through probate in the aftermath of your death? When a will goes through probate, the court must decide who gets what. Although this may not sound ideal, there are ways to avoid probate altogether. You must take certain steps while you are still living to ensure that you have properly handled your estate and have made important decisions on who you would like to have as beneficiaries. Add a Joint Owner to Everything You Own If you know, love, and trust someone important in your life, such as your partner or adult child, you can add that person as a joint owner to everything you own. For example, you would add this person’s name to your bank account while making him or her co-owner of anything you own, such as your home, rental properties that are in your name, and any vehicles that belong to you. When you have a joint owner and you pass away, probate is avoided because the joint owner will get to keep your belongings....