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May 2012
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list seven types of property interests that are not part of the decedent’s probate estate?

probate
Florine E asked:


list seven of proprty interests thst are not a part of the decedent’s probate estate

Napoleon Willams

2 Responses to “list seven types of property interests that are not part of the decedent’s probate estate?”

  • Carrie Ann:

    insurance benefits, jointly held bank accounts, real estate held in joint tenancy, anything held in a trust

  • eviltwinsteve:

    Financial accounts held with “Pay on Death” designations;
    Financial accounts held with “Transfer on Death” designations;
    Financial accounts held in joint tenacy;
    In a few states, financial accounts held as community property with rights of survivorship;
    Life insurance with beneficiary designations;
    Retirement accouns with beneficiary designations;
    Property held in joint tenancy;
    In a few states, property held as community property with rights of survivorship.

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