What Assets Are Subject to Probate in My State?
If you are planning to transfer your assets to someone else, you should know which assets are subject to probate. The probate process is a legal process that ensures the proper distribution of your property according to state law.
Probate
Typically, your personal possessions, household items, and vehicles go through the probate process. However, there are certain assets that you can choose to skip the probate process. These include assets that are jointly owned, such as real estate. Other non-probate assets include life insurance policies and retirement accounts.
Probate does not apply to assets that have a named beneficiary, such as bank accounts. Assets that are titled in a trust name can also be excluded from the probate process.
Some states have simplified their probate procedures, especially for small estates. In such cases, the probate court will only oversee the assets that are subject to distribution in the will.
Consult an Attorney
In some states, a quit claim deed or another form of testamentary instrument can be used to dispose of a deceased person’s belongings. However, this form of inheritance is not without its risks. You should consult a lawyer before signing any document.
Going through probate
Real estate in joint tenancy with the right of survivorship is another type of property that must go through probate. This is most commonly seen in business partnerships. Once one of the owners passes away, the other owners continue to own their share of the property.
Lastly, your assets that are titled in a trust name or in your name only can be excluded from the probate process. These include retirement accounts, life insurance policies, and securities.
Free consultation from one of the best Law Firms
If you have questions, you can get a free consultation with the Best Probate Lawyers.
Parklin Law – Probate Lawyer
5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699
Parklin Law Official Website
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Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.
When you need a Lawyer, contact this law firm:
Parklin Law
Logan, Utah
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Logan, Utah
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City
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Downtown Logan, with courthouse
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| Motto:
“United in Service”
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Location in Cache County and the state of Utah
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| Coordinates: 41°44′16″N 111°49′51″WCoordinates: 41°44′16″N 111°49′51″W | |
| Country | United States |
| State | Utah |
| County | Cache |
| Founded | 1859 |
| Incorporated | January 17, 1866 |
| Named for | Ephraim Logan[1] |
| Government
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| • Type | Mayor-council |
| • Mayor | Holly H. Daines[2] |
| Area
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| • Total | 18.43 sq mi (47.74 km2) |
| • Land | 17.84 sq mi (46.22 km2) |
| • Water | 0.59 sq mi (1.52 km2) |
| Elevation | 4,534 ft (1,382 m) |
| Population | |
| • Total | 52,778 |
| • Density | 2,957.5/sq mi (1,141.89/km2) |
| Time zone | UTC−7 (Mountain (MST)) |
| • Summer (DST) | UTC−6 (MDT) |
| ZIP Codes |
84321-84323, 84341
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| Area code | 435 |
| FIPS code | 49-45860 |
| GNIS ID | 1442849[3] |
| Website | www |
Logan is a city in Cache County, Utah, United States. The 2020 census recorded the population was 52,778.[4][5] By 2050 the population of Logan is expected to double.[6] Logan is the county seat of Cache County[7] and the principal city of the Logan metropolitan area, which includes Cache County and Franklin County, Idaho. The Logan metropolitan area contained 125,442 people as of the 2010 census[8][9] and was declared by Morgan Quitno in 2005 and 2007 to be the safest in the United States in those years.[10] Logan also is the location of the main campus of Utah State University.
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Assets that Subject to Probatehttps://t.co/Y32SDtfJwN#ParklinLaw#ParklinLawUtah#ParklinLawProbate#ProbateLawyerUtah#BestProbateAttorneysUtah#ProbateAttorneyLoganUtah pic.twitter.com/RMeg7M0Kua
— Macky Douglas (@DoeMacky) December 22, 2022
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