Legal Question in Wills and Trusts in Virginia
Virginia Probate Law.
With a "will", a home can transfer without going through the probate process. How many dollars in assets can avoid probate, and still transfer over?
Thank You in advance for your time.
Steven
Asked on 8/14/13, 1:06 pm
1 Answer from Attorneys
Paul B. Ward
Law Offices of Paul B. Ward
A home can transfer without going through probate only if the title is jointly held or, as happens less often, there is a deed prepared during life that passes the real estate to another automatically at death. There is no dollar limitation on the amount which can be transferred in this fashion.
Answered on 8/15/13, 8:43 am