Do life insurance or retirement benefits need to go through probate?


Transcript:

Typically life insurance proceeds or retirement benefits don’t need to go through probate, assuming that the beneficiary designations have been set up properly, but there are other concerns that should be also considered. For example, what are the tax consequences of those assets? Are they going to go to the right people at the right age with the right protections? Those are often much bigger concerns than whether those assets go through probate.