Someone just posted they were executor of mom's estate and how much work that entailed, there are five siblings. It occurred to me that only children might benefit from my mom's experience.
Mom wanted to leave everything to me, her only child. Every passbook, CD, etc., was held in a trust account with mom as the primary beneficiary and me as the contingent. All of her money was held this way in probably eight different banks.
Every bank allows funds to be held this way. No probate. No attorneys. No nothing. When mom passed, I simply took her death certificate with me and claimed the money. "I'd like to open an account where I'm the primary beneficiary and my only is the contingent beneficiary." That's all it takes.
One could do this if one has only one child or several. Very simple.
Mom's home would have been more work, but her live-in partner of 50 years bought it after I had it conservatively appraised, fixed every little problem in it, and bought him a home warranty for three years.
I'm not an attorney. This is not legal advice. Just relating our experience. Hope some find it helpful.