Q: How can parents leave house and land to daughter legally without probate
Parents want to set up either refinancing to help daughter have money to build house on parents land. Current house and land parents want to go to daughter anyways.no current will is set up. Does daughter need to buy estate from parents? Or do parents set up a will and also life estate? Don’t want to get penalized for something not being set up with enough time. Bottom line parents want property to go to daughter as simple and as not costly as possible
A: For an experienced estate planning attorney, this is easy. The best way to avoid probate is to transfer the property to a trust that provides for disposition at death. What kind of trust depends on other goals, priorities, and concerns.
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