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- probate when there is no will
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Who is executor if no will in ontario!
What Happens During Probate If There Is No Will?
When you write a will, you are making a plan for your assets and ensuring that everything gets passed on to the right people.
When you pass away and there’s no will to work with, then the state gets to decide what happens to your assets when they go through the probate process.
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Let’s talk about what you can expect and why talking to a Des Moines wills lawyer is probably a better option.
Do All Assets Have to Go Through Probate When There is No Will?
Many of your assets will have to go through probate if there is no will written.
Some items that may pass onto others outside of this process include:
- Properties where another person’s name (i.e. your spouse’s) appears on the deed
- Life insurance policies with named beneficiaries
- Any bank or retirement account with a named beneficiary
- Vehicles or real estate with “transfer on death” deeds or registration
Any assets in a living trust are usually not handled by the probate process.
However, if someone has no will, they probably haven’t gone to the effort of setting up and funding
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