Do assets sometimes pass outside of probate?

Yes.  There are assets that pass by beneficiary designations.  Three common assets that often pass by beneficiary designations are: 1) insurance policies and annuity contracts, 2) retirement plans, and 3) accounts to which the decedent attached pay on death (POD) or transfer on death (TOD) designations.

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We were very pleased with the level of expertise available at Davis Schilken. It enabled us to feel confident that we were presented all options. The process was efficient and allowed us to complete our estate planning effectively and efficiently. - W&L R.
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