Question
1.) List any of the following assets that would go through probate. (10 points) a. IRA account with no named beneficiary b. Stock account held
1.) List any of the following assets that would go through probate. (10 points) a. IRA account with no named beneficiary b. Stock account held in a revocable trust established for the deceaseds children* c. Real estate titled tenants by the entirety with the deceaseds spouse d. A home that the decedent leaves to his wife in his will* e. Fee simple ownership of a car f. Securities account with a TOD arrangement* g. Bonds held in a charitable remainder annuity trust (CRAT)* h. A life estate given to the deceased by his father* i. Assets going into a testamentary trust* j. Land held as tenants in common with the deceaseds spouse k. 401(K) account with the spouse named as beneficiary* l. Joint bank account with the decedents son m. A mutual fund held in just the decedents name n. Community property asset titled in just one name o. Savings account with a POD arrangement* p. A brokerage account that passes to the decedents revocable trust under the pour-over provisions of his will. q. Single premium life insurance with multiple beneficiaries sharing the death benefit r. Assets that are part of a pre-nuptial agreement s. Vacation home held as JTWROS with two siblings t. Stamp collection owned by the deceased
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