
#049 - The basics of estate planning
Retirement Planning Education, with Andy Panko
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What Assets Do Not Pass Through Probate?
There's generally two broad categories of assets that do not pass through probate. If you have life insurance policy, whoever is listed on the beneficiary designation account form for the account is who gets it. Another are qualified accounts commonly retirement accounts such as 401ks and IRAs. It doesn't matter what your will says the beneficiary designations on these non probate assets over ride your will.
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