The only two “properties” in both my wife’s and my name are the house and the car. Thanks to you, we took care of the house with your TOD deed. We are changing the car title to include JTWROS. Is there anything else we need to address to avoid probate? Thanks.
The key to avoiding probate is generally to make sure that there are no assets in your name that do not automatically pass to someone else upon your death. Although we cannot give legal advice about your specific situation (we are not a law firm), you may want to review each of your assets to ensure that they either have a joint owner with rights of survivorship or a POD/TOD designation. This includes bank accounts, financial/brokerage accounts, life insurance policies, retirement accounts, and any other type of titled assets. It sounds like you’ve used a Texas Transfer-On-Death Deed for the real estate and have retitled your car, so it would just be a matter of looking through your other assets.
Disclaimer: Your use of DeedClaim.com to prepare your own deed does not create an attorney-client relationship. DeedClaim.com is not a law firm and our services are not a substitute for legal advice. You should not take anything contained in this response or published on DeedClaim.com to be legal advice about your specific situation or make any decisions based on it.