A$.$ Taylor Jones visited your office in $2018.$ He had the assets listed below. He was seeking your advice on how he should hold his assets. He wanted to avoid probate at all costs in case something happened to him as it was very expensive when his mother died.

He does not want to spend much money on lawyers for the moment. In the space provided for each asset write in your answer.

$1.$ WF checking account in his name

$2.$ Fidelity brokerage account in his name

$3.$ A small $401-$K account through his job

B$.$ In January of $2024$ Taylor visited your office again seeking the same advice on how to avoid probate. He has had a successful career and accumulated additional assets. He is willing to spend some money on lawyers if it would help him avoid probate. What is your recommendation this year. In the space provided for each item write in your answer. $($You can have the same answer for multiple assets.$)$

$1.$ He still has the WF account, and it is still in his name $($I guess he did not follow your advice...$)$

$2.$ Fidelity brokerage account is also still in his name

$3.$ A well$-$funded $401-$K

$4.$ $$2$ Mill insurance policy

$5.$ A house in La Jolla, the deed is in his name only

$6.$ A condo in Park City, the deed is also in his name only