My husband and I have named our daughter as beneficiary to all our financial accounts. After our death will she be able to get the money without probate? We live in Pennsylvania. Thanks.
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Did you use a lawyer to write your will?– Pete B.Commented Sep 8, 2021 at 18:50
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Are you trying to avoid probate costs, hassle, or both? An estate planning attorney may be more expensive than probate unless you have a large or complex estate.– D StanleyCommented Sep 8, 2021 at 20:23
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is the child a minor? That could add a complication.– mhoran_psprepCommented Sep 9, 2021 at 12:06
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1 Answer
For me, that was enough. My dad died about 5 years ago, and I was the beneficiary of his IRA. The custodian transferred the money to me, no probate involved, and it was all very easy.
Your mileage may vary...
