Probate Prevention 101: Simple, Easy, and Free Tips to Transfer Assets & Designate Beneficiaries

Discover straightforward methods to steer clear of probate and learn about common trust mistakes to safeguard your assets and ensure a smooth estate transfer.<br/><br/>Join host Sherri Lund in a comprehensive episode with guest Teresa DeFord, an esteemed attorney specializing in family law, estate planning, and probate. Discover simple and effective ways to avoid probate while ensuring a smooth transfer of assets. Teresa shares valuable insights into common trust mistakes and how to navigate estate planning with confidence. Whether you're planning for yourself or your loved ones, this episode is full of practical tips you can implement in minutes to protect your assets and legacy.Explore Probate Help on Sherri's Website: WillowWoodSolutions.com<br/><br/>WATCH ON YOUTUBE: https://www.youtube.com/watch?v=EvCBXktTDGc <br/><br/>Episode Chapters<br/>6:14 The biggest misconception about estate planning attorneys<br/>8:08 Celebrity estate planning stories<br/>9:38 What methods exist to avoid probate?<br/>10:48 What does probate mean for life insurance, stocks, retirement account beneficiaries?<br/>11:57 Avoiding mistakes when naming a minor as a beneficiary<br/>12:41 Probate avoidance for bank accounts: joint accounts vs. payable on death<br/>15:01 Transfer property without probate: deed transfer on death explained<br/>17:38 How to transfer car title when someone dies (or boats, RVs)<br/>18:25 What causes a trust to fail and go to probate?<br/>20:58 Do most people need a trust to avoid probate in Texas?<br/>25:51 Small estates, muniment of title, and Medicaid considerations<br/>28:10 How to set up a transfer on death deed in Texas<br/><br/>ABOUT TERESA:Teresa DeFord isa dedicated attorney known for her expertise in family law, estate planning, and probate matters. With a Juris Doctorate from the University of Houston Law Center and years of experience, Teresa is passionate about helping clients navigate the complexities of estate transfer and avoid probate through proper planning. As the founder of DeFord Law Firm, she aims to educate and empower her clients, guiding them through life's joyful and challenging times. Don't miss this opportunity to learn from Teresa's wealth of knowledge and experience in estate planning.<br/><br/><br/>Connect with Teresa and Explore Upcoming Workshops:<br/>Facebook: https://www.facebook.com/defordlawfirm/ <br/>Website: https://Defordlawfirm.com (Estate planning and Wise Women’s Guide to Divorce workshop eConnect with Sherri and additional probate resources: LinkedIn: https://www.linkedin.com/in/sh....erri-lund-willowwood Facebook (Share your recommendation!): https://www.facebook.com/WillowWoodSolutions Instagram: https://www.instagram.com/willowwoodsolutions/ YouTube: https://www.youtube.com/channe....l/UCV2fpT6kTz67ufkmM Website: www.WillowWoodSolutions.com <br/><br/><br/><br/>Disclosure: The information shared on The Probate Podcast is for educational and informational purposes only and does not constitute legal or financial advice. We strongly recommend consulting with a professional for advice specific to your situation. If you need help finding a professional, feel free to reach out to us at www.willowwoodsolutions.com/contact.<br/><br/>Please consider kindly rating this show so others can find it!