Legal Question in Wills and Trusts in California
to will or not to will
i am a 53y/o male. i do not have a will, living trust or living will.
my question is if i have my daughter on the title for my house, my savings/checking and my 403B, does the ''estate'' still run the risk of going into probate?
many thanks.
1 Answer from Attorneys
Re: to will or not to will
It depends on how she is listed. If the items you named have her listed as a joint owner with rights of survivorship, then they should pass to her with little issue. Note, however, that this is only a should and not a certainty.
Is there a particular reason you have avoided having a trust? A will can only protect you so far, about as far as a Probate proceeding. Perhaps you should take a moment and review the benefits of a trust on our fir's site
www.No-Probate.com. At the very least it will better inform you as to your decision.
Good luck!
Scott