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  2. I Live in Texas. How Can I Avoid Probate? - AOL

    www.aol.com/finance/live-texas-avoid-probate...

    Fortunately, your estate plan can let you bypass probate in Texas with these five common tools: Revocable Living Trusts. A revocable living trust is a legal entity you create to hold and manage ...

  3. Is Probate Really That Bad? Yes, and Here's How to Avoid it - AOL

    www.aol.com/probate-really-bad-yes-heres...

    Probating an estate is an expensive, time-consuming and sometimes adversarial affair. It is possible, and sometimes advisable, to avoid probate. With the help of an estate planner and, perhaps, an ...

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

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

    Living trusts can act as probate-repellent, but some assets need to be kept out. If you want to help your kids bypass probate when you die, here are 5 assets to avoid putting in a living trust ...

  5. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).

  6. Elective share - Wikipedia

    en.wikipedia.org/wiki/Elective_share

    To accomplish that, the augmented estate is calculated by combining the value of the probate estate with such things as the value of gifts given by the decedent to third parties, property or accounts held in survivorship estates (such as a joint bank account, the proceeds of which would pass to the survivor among the account holders), the value ...

  7. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Under current federal estate tax law, in 2008, individuals that own interests in any property (individually owned, jointly held, or otherwise) which exceeds a fair market value of $2 million is subject to the estate tax at death; in 2009, the amount is $3.5 million. In 2010 there is no federal estate tax unless Congress acts.