Wondering whether retirement accounts go through probate? In most cases, they don’t — thanks to beneficiary designations.. Retirement accounts like IRAs, 401(k)s and annuities typically bypass probate ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Suzanne is a content marketer, writer, and ...

Probate is a legal process that verifies the validity of a deceased person’s will. This includes addressing debts and distributing remaining assets. If you die without a will or a living trust, ...

When a person dies without proper planning, their estate enters a public legal process that can last months—sometimes ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Suzanne is a content marketer, writer, and fact-checker. She ...

Important Disclosure: The content provided does not consider your particular circumstances and does not constitute personal advice. Some of the products promoted are from our affiliate partners from ...