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  2. If you want to help your kids bypass probate when you die ...

    www.aol.com/finance/want-help-kids-bypass...

    As the assets aren't considered a part of your estate, they sidestep the probate process. It also lets you continue to use assets transferred into the trust, such as property or investments you own.

  3. I want to help my kids bypass probate when I die - AOL

    www.aol.com/finance/want-help-kids-bypass...

    As the assets aren't considered a part of your estate, they sidestep the probate process. It also lets you continue to use assets transferred into the trust: for example, a house or money from ...

  4. How to prevent your investment assets from going into probate

    www.aol.com/finance/prevent-investment-assets...

    Any assets not included in the trust may still have to go through probate. It can also cost a few thousand to create a trust with the help of a lawyer. Other estate planning strategies

  5. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    After executing a trust agreement, the settlor should ensure that all assets are properly re-registered in the name of the living trust. If assets (especially higher value assets and real estate) remain outside of a trust, then a probate proceeding may be necessary to transfer the asset to the trust upon the death of the testator.

  6. Advancement (inheritance) - Wikipedia

    en.wikipedia.org/wiki/Advancement_(inheritance)

    The Uniform Probate Code, which has been adopted in whole or in part by a number of states, limits the doctrine by requiring a contemporaneous writing from the deceased, or any writing from the property recipient, indicating that the property is intended to be treated as an advance upon the estate.

  7. Abatement of debts and legacies - Wikipedia

    en.wikipedia.org/wiki/Abatement_of_debts_and...

    Also, in the case of legacies when the funds or assets out of which they are payable are not sufficient to pay them in full, the legacies abate in proportion, unless there is a priority given specially to any particular legacy. Annuities are also subject to the same rule as general legacies. [1] The order of abatement is usually: Intestate property

  8. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    3 ways to avoid complications and probate after you die. It can be tough to think about our own death. But taking action ahead of time can be a gift to your mourning family, who is left to pick up ...

  9. Uniform Probate Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Probate_Code

    Drafting of the Uniform Probate Code began in 1964. The final version of the original UPC was promulgated in 1969 as a joint project between NCCUSL and the Real Property, Probate and Trust Law Section of the American Bar Association. Richard V. Wellman served as Chief Reporter on the project.