Quote:
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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There are only 5 states that have ladybird deeds. Florida is one, but California, where I still own a house, is not. If I die before I sell it, probate is still required, I believe, unless there's some other 'trick' I'm not aware of. Yes, most of my other accounts are designated beneficiaries.