Legal Question in Wills and Trusts in New York
To prevent the high cost of probating a will, what is the best course of action in leaving property to a heir?
Asked on 1/26/10, 5:31 pm
2 Answers from Attorneys
Ellen Victor
Law Office of Ellen A. Victor
If the only aim is to avoid probate, then one should consider using a revocable living trust.
Answered on 1/31/10, 5:42 pm
Rudolf Karvay
Berkman, Henoch, Peterson, Peddy & Fenchel, P.C.
A revocable living trust would avoid probate. Also, if all you have are some bank accounts, you may avoid probate by titling them "in trust for" the beneficiary.
Answered on 2/01/10, 6:32 am
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