Can Estate Planning Help Avoid Probate? Where Do A Decedent’s Assets Go After Death?
Common Methods to Pass Assets so as to Avoid Probate 1. Beneficiary Designation Forms. Life Insurance, IRA and pension plans, bank accounts, and stock brokerage accounts may all be passed at time of death if there is a written beneficiary form on file with the institution holding the assets. Insurance companies, IRA funds, pension funds, banks, and stock brokerage companies all have their own beneficiary designation forms to fill out. [...]