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When is Probate Necessary?

When a person dies, their "non-probate" assets will automatically pass by law to designated beneficiaries without court supervision or intervention. Non-probate assets include life insurance, living trusts, retirement accounts, joint bank accounts or bank accounts with named beneficiaries, payable on death (POD) accounts, and "joint tenancy" property. All other assets titled solely in the decedent's name at death like household and personal items, bank accounts, stocks, automobiles, and real estate are considered "probate assets," and must be administered in a probate proceeding.

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