Probate assets are assets titled in the deceased person’s name, and which don’t have designated death beneficiaries. Nonprobate assets are (i) assets over which the deceased person has control or entitlement to, but which are not titled in the deceased person’s name, or (ii) assets held in the deceased person’s name with survivorship provisions or death beneficiary designations.     Examples of probate assets include: Real property owned in the deceased person’s name or jointly owned without a “transfer on death deed” or similar survivorship status Bank and investment accounts that do not have “TOD” or “POD” beneficiaries or that are jointly owned without survivorship provisions Personal belongings Vehicles Business interests.  Examples of nonprobate assets include: Assets held in a revocable trust Bank account that is payable on death to a spouse, child, or trustee Securities account that is transferable on death to a spouse, child, or trustee Any property held in joint tenancy with rights of survivorship Life insurance or annuities with designated beneficiaries Property subject to a community property agreement that is transferable to the surviving spouse IRA or 401(k) account with designated beneficiaries