How to Avoid Probate on Bank Accounts in New York
Probate is the court-supervised process of distributing a deceased person’s assets, but it can be time-consuming and costly. If you’re looking for ways of how to avoid probate, especially for bank accounts, there are effective strategies that can help. Payable-on-death (POD) designations and joint titling of assets are just two of these strategies. These options allow funds to pass...
Continue Reading