Fortunately, where the asset in question is a motor vehicle, successor trustees may be able to avoid the probate process and transfer title.
Articles about Personal Property
During the administration of your loved one’s estate, you may be responsible for distributing his or her tangible personal property.
In cases where the total assets is low you may be able to avoid probate and still transfer title to cars. Read more here.
When it comes to the administration of a trust or estate, it can sometimes seem that nothing is ever simple. Even when you think the administration process is complete,when a asset is discovered that now needs to be dealt with.
A pour-over will acts as a safety-net for some assets and transfers them into the living will to avoid probate. Talk to an attorney today.
The power of attorney allows you to name someone to make financial decisions for you in case you become incapacitated or can not make them for yourself.