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LSDefine

Simple English definitions for legal terms

nonprobate transfer

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A quick definition of nonprobate transfer:

A nonprobate transfer is when someone's property is given to another person after they die without having to go through a court process called probate. This can happen in many ways, like if the person had a living trust, or if they owned something with someone else and that other person automatically gets it when they die. Nonprobate transfers are good because the property can be given right away, it's private, and it's usually cheaper than going through probate.

A more thorough explanation:

A nonprobate transfer is when property is transferred from a deceased person to another person without going through a probate court. This can be done in several ways:

Nonprobate transfers have several benefits. First, the property is available immediately because it does not have to go through the probate process. Second, nonprobate transfers are private because they do not involve public proceedings. Finally, nonprobate transfers are less expensive because there are no court costs or attorney fees.

For example, if a person creates a living trust and transfers their property into the trust, the property will pass to the beneficiaries named in the trust without going through probate. Similarly, if a person designates a beneficiary on their life insurance policy, the proceeds will go directly to the beneficiary without going through probate.

nonprobate estate | nonprofit corporation

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
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the devil
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20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
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im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
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JumpySubsequentDolphin
22:39
@splitty Oregon!
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JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
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