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?
- Category: Wills and Estates
- Subcategory: Probate
- Date:
- State: National
Answer:
To avoid probate, you can create a revocable living trust. You may also include a "pourover" clause in your will, which directs that property transfers into the trust upon your passing. This property is not subject to 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.