There are many estates that don’t have to get through probate. If property passes to intended heirs via a lady-bird deed (also known as a sophisticated life property deed) or joint tenancy and in case all bank /brokerage / retirement accounts all have pay on death beneficiaries set up, often the actual only real other asset may be the vehicle.
In this situation, this indicates needlessly high priced and burdensome to need to get in the front of a probate judge transfer title on just a vehicle following the automobile owner dies.
Fortunately, you might not require to. (more…)