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NON-PROBATE ESTATE PLANNING NON-PROBATE ESTATES When a person dies and holds property in a certain form, the property may be able to be transferred to a beneficiary without going to court and with
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Non-probate estate planning involves using tools such as wills, trusts, and beneficiary designations to transfer assets outside of the probate process.
Individuals who want to designate how their assets will be distributed after their death and avoid probate may choose to engage in non-probate estate planning.
Non-probate estate planning can be filled out with the assistance of an estate planning attorney or through DIY online platforms that offer templates and guidance.
The purpose of non-probate estate planning is to ensure that assets are transferred efficiently and according to the individual's wishes, while also avoiding the costly and time-consuming probate process.
Non-probate estate planning typically requires information about assets, beneficiaries, and designated guardians or trustees.
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