
#049 - The basics of estate planning
Retirement Planning Education, with Andy Panko
00:00
What Is the Probate Process?
The assets that do not pass through probate they pass directly to the beneficiaries by you specifying who you want to get it in the policy. So a house, cars, bank accounts, normal financial accounts by normal I mean not qualified things again qualified or like 401ks for 3B's IRAs raw thirays. And then your personal effects personal belongings jewelry home furnishings tools if you have it collectibles physical cash currency you may have sitting in a coffee can under your bed or something. This would all pass to the probate process.
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