As a bit of background, there is a distinction between probate assets and non-probate assets. Probate assets are distributed according to your will during a probate administration whereas non-probate assets are distributed outside of the probate process and are, instead, distributed according to a beneficiary designation form. Common non-probate assets include life insurance, retirement accounts (e.g., IRA, 401k) and accounts or real property titled as “joint tenants with right of…By: Lasher Holzapfel Sperry & Ebberson PLLC
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