Understanding Probate-Exempt Assets in Virginia Wills

Understanding Probate-Exempt Assets in Virginia Wills

on Nov 6, 2024 - by Owen Drummond - 0

Navigating the probate process in Virginia can be perplexing, especially when it comes to understanding which assets are exempt. Certain assets bypass the probate process, offering beneficiaries a smoother transition. This article lays out key information about non-probate assets in Virginia, shedding light on types of accounts, jointly-owned properties, and trust assets. It also offers practical tips for properly structuring an estate to minimize potential legal hurdles.

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