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DISPOSITION
OF PROPERTY UPON DEATH |
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Probate |
Non-Probate |
Control of Property Retained During Lifetime |
Control of Property Partially or Completely Conveyed at
Transfer |
Part of Gross Estate for Estate Tax Purposes |
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No Valid Will or Other Plan:
- Real Estate
- Personal Property |
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Valid Will:
- Real Estate
- Personal Property |
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Revocable Living Trust:
- Real Estate
- Personal Property |
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Irrevocable Living Trust:
- Real Estate
- Personal Property |
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Joint Tenancy With Right of
Survivorship:
- Real Estate
- Personal Property |
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Community Property With Right of
Survivorship*:
- Real Estate
*husband and
wife only |
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Beneficiary Deed:
- Real Estate |
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Pay on Death (POD)
Transfer on Death (TOD):
- Personal Property |
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Beneficiary Designation(s):
- Life Insurance, etc. |
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