Assertion: probate's asset | /r/HasProperty | asset
Facets:
value: in this type of insolvent estate
type: LOCATION
Source sentences:
text: Well, assets that avoid probate are assets that have a beneficiary designation or are joint assets that are payable on death to someone, or a pay on death account at a securities firm or they could be assets in a in a trust that are payable to the beneficiaries.
text: Non-probate assets are assets that pass by way of a contract or a beneficiary designation.
text: Although there may be assets in this type of insolvent estate, the assets have little or no equity.
text: Non-probate assets are assets that transfer by statutes (law) or by contract.
text: Where there is a surviving spouse, and the assets are under $100,000, or where there is no surviving spouse and the assets are under $35,000 the court permits this shorter procedure.
text: The assets subject to the probate administrative process in probate court, or probate assets, are those assets held in solely the decedent's name at the time of his or her death.