Avoiding Probate

Probate can drag on for years, and the costs — including legal fees, appraisal fees, court fees — can easily eat up thousands of dollars. Luckily, there are simple and effective strategies to avoid probate. You will learn how to: set up payable-on-death bank accounts; name a beneficiary for retirement accounts; register assets in transfer-on-death forms; hold property in joint ownership; take advantage of special procedures for small estates; create a living trust; give away property now; and more. Includes state-by-state charts to show which techniques will work in your state.

Course level: Basic. Prerequisites: None.

Course includes integrated text and study guide, final exam, and grading service.

NASBA field of study: Specialized Knowledge    Course credit: 10 hours