Q: To avoid probate in WA state, do I need a living trust for my home (worth over $100,000)?
I have a will. My daughter is my executor. I'm leaving my home to my husband and daughter. I have a prenup. Bank accounts and IRA are POD.
A:
As long as all your other assets pass by beneficiary designation (i.e. POD), you could avoid a probate by drafting a trust and transferring your home to be titled in the name of the trust.
However, it would be simpler to just record a transfer on death deed for your house, if that's the only asset that would trigger a probate. Feel free to call and set up an appointment if you want a more detailed review of your situation and your options.
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