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Originally Posted by retiredguy123
I would suggest that you attempt to convert as many assets as possible into a "transfer-on-death" ownership, so the will becomes less important. All of my assets are titled that way, except for my house. And, I am considering getting a ladybird deed for the house, so that there will be no need to probate my will because all of the assets will transfer automatically at death.
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We have 5 people who will inherit our assets upon our deaths. Can a Lady Bird Deed be used in the case of a property going to more than one person?
Also. Is it customary to leave a sum of money in the will to an executor? I just realized that our executor may be required to fly to Florida upon our death and that will be expensive.