Legal Question in Wills and Trusts in New Hampshire

Re: Life Insurence listed with probate

The facts presented are quite limited. As a general rule, which may not be applicable in your situation without more facts, if the policy has named a sole individual as beneficiary, the proceeds are paid directly to that beneficiary outside the probate. However, depending upon ownership of the policy, it may be included in the gross estate for purposes of tax computations.