How Can I Avoid Probate Litigation?

There are several legal strategies that beneficiaries and heirs can use to avoid probate. An Austin estate planning attorney can explain the benefits of each in detail, including:

  • Joint Tenancy and Tenancy by the Entirety – You can add a joint tenant with rights of survivorship to your assets. This allows your property to transfer to them when you die without going through probate.
  • Beneficiary Designations – Adding a Transfer on Death or Pay on Death beneficiary designation to your bank account allows an immediate transfer when you die without surrendering your current ownership over the property.
  • Revocable Living Trust – You can create a revocable living trust and manage your assets while alive. Your successor trustee has the authority to manage and distribute your assets upon your death.