What Types Of Property Need To Go Through Probate?

Video Transcription:

Any asset, whether it’s real estate, bank account, stocks, bonds, whatever it might be, if it’s just in the dead person’s name, it’s going to need to go through probate. The only exception would be if the particular account, like an IRA has a beneficiary designation where a certain beneficiary’s named in the contract, or a joint asset is going to pass right to the joint owner if it’s owned with rights of survivorship. But all other assets that are just in the name of the deceased person are going to pass through probate. Have more questions? Then contact us today to schedule a free consultationDoane & Doane Top rated Tax & Estate Planning Attorneys