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What assets do not have to go through probate 2024?
Questioner:Gabriel Wilson 2023-06-01 09:34:26
The most authoritative answer in 2024
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Oliver Bell——Works at the United Nations Office on Drugs and Crime, Lives in Vienna, Austria.
Here are kinds of assets that don't need to go through probate:Retirement accounts--IRAs or 401(k)s, for example--for which a beneficiary was named.Life insurance proceeds (unless the estate is named as beneficiary, which is rare)Property held in a living trust.Funds in a payable-on-death (POD) bank account.More items...
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