QUESTION
Are annuities with designated beneficiary included in probate inventory?
Asked on Apr 25th, 2022 on Wills and Probate - Texas
1 ANSWER
Estate Planning Attorney serving Addison, TX
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Dallas Estate Attorney
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no, it is a 3rd party beneficiary contract and not subject to probate proceedings. Only assets that are subject to distribution under the termis of a will pass thru probate
Answered on May 09th, 2022 at 10:24 AM