Many people who wish to have their estate avoid the probate process hit a wall when it comes to real estate. However, there are three widely used ways that real estate can be easily transferred after you pass away that do not involve probate.
Avoiding probate is often one of the primary goals of estate planning. Probate can be messy, time-consuming and costly. Consequently, many people want to avoid it for their own estates.
Unfortunately, probate is unavoidable if you own real estate and have not done any estate planning.
If you have done estate planning, however, then there are three common ways to transfer real estate without probate.
If you own real estate and would like to avoid probate upon postmortem transfer, then contact an experienced estate planning attorney to discuss these options and determine which is best for you.
Reference: AZcentral (April 13, 2015) “Probate-free real-estate deeds spread across U.S.“
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