Best Probate Attorneys in San Ramon, CA

Joint Titles or Joint Accounts are Great Ways to Avoid Probate In this form of protection, married couples can own financial accounts and real estate through a joint tenancy, with the survivor inheriting everything. Yet, some states allow real estate tenancy in its entirety to avoid probate. Either way, while both spouses are alive, they are both owners, but the surviving spouse takes full ownership upon the passing of the other. These instruments aren’t just reserved for married couples, as non-spouses can also establish joint titles. For instance, it’s rather common for older individuals to create joining accounts with young persons at a financial institution. In this case, the younger person automatically inherits the account when the other person passes, with no need to go to probate. Additionally, the older person can assign the younger person as power of attorney if they reach the point, they cannot manage their own affairs.