Wednesday, June 21, 2017 / by Nicole Solari
After working hard for so many years, you might have purchased a home you are proud of. However, you might have heard about folks whose families were unable to get the family home after a parent’s death because it was tied up in court with probate issues.
As a parent and spouse, you probably want to spare your children from the expense and burden of probate court. Here are 3 ways to protect your home from probate so that it goes to the person or people you wish it to with as little delay as possible.
1. Use a Living Trust
While you're alive, you might be adamant about managing your personal affairs. However, if you want to be sure that you're legally protecting your estate, you ought to look into a living trust.
With a trustee, usually a trusted friend or family member, you can continue managing all the assets you transfer to the trust while you’re alive. When you finally pass on, the people or person listed as your beneficiari; ...
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