Probate
When 2 people have joint ownership of a bank account (or anything else) and one dies, are any of the assets subject to probate?
Thank you in advance.
When 2 people have joint ownership of a bank account (or anything else) and one dies, are any of the assets subject to probate?
Thank you in advance.
Permalink Submitted by Alan - IRA critic on Tue, 2023-02-14 17:09
No. The account passes directly to the surviving joint owner outside of probate.