list seven types of property interests that are not part of the decedent’s probate estate?
by admin ~ June 23rd, 2009 . Filed under: Law & Ethics .
Florine E asked:
list seven of proprty interests thst are not a part of the decedent’s probate estate
Napoleon Willams
list seven of proprty interests thst are not a part of the decedent’s probate estate
Napoleon Willams
June 25th, 2009 at 1:22 pm
insurance benefits, jointly held bank accounts, real estate held in joint tenancy, anything held in a trust
June 28th, 2009 at 10:09 am
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.