Friday, October 3, 2025

What Can Be Avoided in Probate — And What Can’t


Not all assets go through probate — and understanding what does (and doesn’t) can save time, money, and stress.

Assets that usually skip probate include:
  • Jointly owned property
  • Life insurance payouts with named beneficiaries
  • Retirement accounts (like IRAs or 401(k)s) with beneficiaries
  • Payable-on-death (POD) bank accounts
However, assets solely in the deceased’s name without a beneficiary typically do go through probate.

Planning ahead with tools like trusts, joint ownership, and updated beneficiary designations can minimize what enters probate — and speed up the process for your loved ones.

1361 Oliver Road
Fairfield, California 94534

By Phone: 707.428.9871
By Fax: 707.428.9873

By Email: btpfairfield@sbcglobal.net

No comments:

Post a Comment