Which of the following is a commonly used way to avoid probate?
A)ownership of property by tenancy in common
B)use of inter-vivos trusts
C)use of testamentary trusts
D)durable power of attorney

Question

Which of the following is a commonly used way to avoid probate?​
A)ownership of property by tenancy in common
B)use of inter-vivos trusts
C)use of testamentary trusts
D)durable power of attorney

Quizplus · Accepted Answer

Use of inter-vivos trusts is a commonly used method to avoid probate because assets placed in such a trust are transferred to the beneficiaries without the need for probate court proceedings.

Which of the Following Is a Commonly Used Way to Avoid