While avoiding probate without a trust is possible, it requires careful planning and attention to detail. We’ll walk you through how these strategies work together to help you bypass the complexities of probate without the need for a trust.
Avoid Probate
Avoiding Arizona Probate Using a Beneficiary Deed
Estate planning can feel overwhelming. Wills are a common starting point, but they can’t avoid probate, a lengthy and public court process for distributing assets. Here in Arizona, there’s a valuable alternative for transferring real property upon your passing: the beneficiary deed. This simple yet effective tool allows you to designate beneficiaries who will receive your property automatically, bypassing probate.
The Importance of Beneficiary Designations
Adding beneficiaries to your accounts can be a simple way to start estate planning and avoid probate.
Does a Will Have to be Probated?
This article addresses a common question: whether a will always needs to go through the probate process. It explains the circumstances under which probate is necessary and when it might be avoided. The article also highlights the potential benefits of having an estate plan that minimizes the need for probate.