Is a Will enough to keep property out of probate?
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Is a Will enough to keep property out of probate?
Asked on July 23, 2013 under Estate Planning, Oregon
Answers:
Nathan Wagner / Law Office of Nathan Wagner
Answered 11 years ago | Contributor
A Will does not keep you out of probate. In fact, the process of administering a Will requires the estate to go through probate.
To keep property out of probate, you use other methods such as trusts, payable on death provisions, or transfers during the person's lifetime. One size does not fit all, so I recommend that you talk to a local attorney to figure out which estate planning strategies are right for you.
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