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.
Did you use a lawyer to write your will?– Pete B.Sep 8, 2021 at 18:50
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 StanleySep 8, 2021 at 20:23
is the child a minor? That could add a complication.– mhoran_psprepSep 9, 2021 at 12:06
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...