Is there a form that would prevent my estate from going through probate?

Full question:

I was told at a Financial Planning Seminar that I could include a certain statement in my Last Will and Testament that would avoid my estate from going through probate court. What is that statement?

Answer:

I am unable to provide a definite answer without knowing all the facts involved. One way of avoiding probate involves putting property into a revocable living trust. It is possible to write a
"pourover" clause in a will, so that property "pours over" into the trust, which is exempted from probate.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

One of the best ways to avoid probate is by establishing a revocable living trust. This allows you to transfer your assets into the trust while you are alive. Upon your passing, the assets in the trust can be distributed to your beneficiaries without going through probate.