Legal Question in Wills and Trusts in New York
properties
How can we be assured that in case of our deaths, that our daughter receives everything we owned without costs, or probate?
2 Answers from Attorneys
Re: properties
Transfer everything you own to a revocable trust and name your daughter as the remainder beneficiary to take everthing when both of you die.
Re: properties
Place all your property in a joint revocable trust with your daughter named as successor trustee and beneficiary.
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This post is not legal advice and does not create an attorney-client relationship. It is a comment on the legal question posed by the poster and should not be relied upon in any way. All readers are advised to consult an attorney to address their specific legal concerns. Additional facts could affect the answer given.