There are many ways to inherit assets from a decedent. No matter how complicated or smooth the process may be, if you are an heir, it is important to understand your rights. To get a clear picture of those rights, it is important to determine how you will be receiving the assets i.e., through probate or outside of probate....
Probate is the process by which title to assets, without a predestination, pass to the heirs of the Decedent’s estate. Asset which are predesignated to pass to a co-owner, or a beneficiary generally pass outside the probate process.READ MORE.