The Big Byte

The Fourth Thing to Know – There are 6 ways your property can pass when you die:

• Going through the courthouse . . .

To your “heirs”, if you do not have a last will  and testament

To anyone, through a last will and testament

• Staying outside the courthouse . . .

To anyone, by naming them as a beneficiary  (of, like, an IRA, a bank account, a life insurance policy or [in Oklahoma] even your house)

To anyone, by naming them as a “joint tenant” owner of property – if the “joint tenant” survives you

To anyone, by having them as a beneficiary  of a trust

To your “heirs”, by a small estate affidavit