Does A Will Control All Of My Property?

Video Transcription:

A will only controls those assets that you owned in your name alone as of your date of death. If you held any assets jointly with right of survivorship, those are not governed by your last will and testament. Those will pass to your joint survivor holder upon your death. If you have an IRA or a 401(k) or a life insurance policy, any asset that has a beneficiary designation, will pass to that beneficiary that you’ve designated on that IRA or 401(k) or life insurance policy. Have more questions? Then contact us today to schedule a free consultation! Doane & Doane – Top rated Tax & Estate Planning Attorneys