Legal Question in Wills and Trusts in California

Probate

Can probate take a life ins policy left for the family?


Asked on 3/24/09, 7:52 pm

2 Answers from Attorneys
Scott Linden Scott H. Linden, Esq.

Re: Probate

Generally, Probate does not affect Payable on Death accounts such as life insurance policies. Just make sure that a beneficiary was named. The reason is that the money never was part of the deceased's estate. It passed over them to the beneficiaries.

If you would like additional assistance, or feel that you may need assistance with this matter, please feel free to contact me at the email provided by LaGuru or through our firm's website at PasadenaEstatePlanning.com.

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Answered on 3/24/09, 9:09 pm
Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: Probate

No. If the life insurance has a named beneficiary, the it transfers outside of probate.

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Answered on 3/25/09, 3:20 am


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