Assertion: probate's asset | /r/CapableOf | avoid probate
Facets:
value: in a variety of ways
type: MANNER
value: generally
type: DEGREE
value: entirely
type: DEGREE
Source sentences:
text: If those designations have been made, the asset avoids probate, otherwise it will be added to the estate and probated.
text: Upon your death, these assets become the property of whomever you designate as the beneficiary, are no longer a part of your estate, and thus avoid probate entirely.
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: Only after your revocable living trust has become the record owner of your assets–instead of you–will the assets avoid probate.
text: This is called funding the trust, and if you visualize your trust as a bucket, then you need to fill the bucket with your assets in order to ensure that the assets will avoid probate after you die.
text: Assets that automatically transfer to another person without a court order will avoid probate.
text: Generally, joint accounts and accounts or assets with beneficiary designations (e.g. life insurance and retirement accounts) will avoid probate.
text: These assets avoid probate in a variety of ways.
text: This means that the assets avoid probate, but that the remaining owner can do what they want with the assets.
text: Many assets avoid probate and go straight to the co-owner of the property or designated beneficiary.