QUESTION

Spouse passed with joint accounts and will do I need to probate?

Asked on Dec 31st, 2020 on Wills and Probate - Michigan
More details to this question:
Married with adult children
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1 ANSWER

Wills Attorney serving Austin, TX
2 Awards
If the accounts were "joint with right of survivorship," 100% passes to the surviving account holder. If the accounts were "joint," 50% passes to the surviving account holder and 50% passes under the Will or, if there is no Will, according to the state's inheritance laws.   There may also be a need to probate (prove) the estate if there is something besides the accounts.    
Answered on Jan 01st, 2021 at 5:28 AM

This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.

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