Legal Question in Wills and Trusts in Tennessee
Avoiding Probate Court
If stock certificates are issued as TOD (Transfer on Death) and investments & bank accts. are jointly owned, wouldn't these items be exempt from Probate?
Asked on 2/18/00, 1:33 pm
2 Answers from Attorneys
Melody Stickel-Martinez
Melody Stickel-Martinez, Esq.
Re: Avoiding Probate Court
Any asset titled in joint names or names a beneficiary, does not have to pass through the probate process.
Answered on 2/23/00, 7:13 pm
Marshall Snyder
Law Office Of Marshall Snyder
Re: Avoiding Probate Court
Jointly owned accounts do not pass through
probate.
Answered on 2/23/00, 7:29 pm