Legal Question in Wills and Trusts in Maryland
If when a deceased person receives a proceed from an annuity as the designated beneficiary, does that money go through probate as they made me do?
Asked on 12/17/12, 11:52 am
1 Answer from Attorneys
Cedulie Laumann
Arden Law Firm, LLC
Yes. Any asset titled in the decedent's own name when they pass (including assets with no designated beneficiary that revert to the estate) must go through probate.
Answered on 12/18/12, 5:17 am