Which of Your Assets Are Subject to Probate?

Author: External Author | | Categories: Eviction Lawyer , Eviction Services

Probate assets are anything owned by a deceased person that has no way of passing to a living beneficiary without a court-supervised probate process. Life insurance proceeds, bank accounts with payable-on-death designations, some retirement accounts, and some forms of real estate ownership pass directly to named beneficiaries by operation of law, so probate isn't required.

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Original Article Source Credits:   The Balance , https://www.thebalance.com/

Article Written By:  JULIE GARBER

Original Article Posted on:  March 22, 2021

Link to Original Article:  https://www.thebalance.com/what-are-probate-assets-an-overview-3505271


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