probate assets

In trusts and estates law, these are assets that an individual owns at his death in his sole name.   Probate assets do not have a survivorship feature that will control the disposition at death, so disposition of probate assets are determined by probate court and are usually divided as directed by the decedent’s will.

Keywords

• trusts and estates

Wex

• PROPERTY
• trusts
• inheritances & estates
• wex definitions