Legal Question in Wills and Trusts in Nevada

If your IRA and your savings account will pass outside of probate to designated people, the answer is no. An IRA can have a beneficiary who will receive the account on your death. Probably you have already listed a beneficiary to get the IRA when you die. Likewise, you can list a beneficiary to receive your savings account when you die.

But, if you die and there are no listed beneficiaries for the savings account or IRA then there would be a probate proceeding and in theory the mtg. company might be able to make a claim on these assets. But a good probate attorney would very likely be able to prevent such a claim by doing a summary or general probate administration and publishing a Notice to Creditors with a 60 or 90 day time cut-off that the mtg. company would be very unlikely to meet. See my webpage http://probatenevada.net/EstateLiabilities.aspx at www.probatenevada.net