Assertion: probate's asset | /r/CapableOf | pass to beneficiary
Facets:
value: outside the estate
type: LOCATION
value: luckily
type: MANNER
value: usually
type: TEMPORAL
value: by operation of a contract
type: MANNER
value: by operation of law
type: MANNER
Source sentences:
text: Assets that are owned in joint tenancy, such as real property or a bank account, or assets that have a beneficiary designation like a life insurance policy or IRA, pass to the beneficiaries by operation of law, and are not subject to the provisions in the will or the probate process.
text: Assets that are owned in joint tenancy, such as real property or a bank account, or assets that have a beneficiary designation like a life insurance policy or IRA, pass to the beneficiaries by operation of a contract, and are not subject to the provisions in the will or the probate process.
text: Luckily, those assets usually pass to those beneficiaries outside the estate and don’t go through probate.