Are all of the decedent’s assets subject to the probate process?
Not all assets will be subject to probate. For instance, if the decedent jointly owned assets such as property, bank accounts or anything with a contractual successor or beneficiary, these will not be subject to probate. Depending on the location of the decedent’s residency and where the probate is handled, assets under a specified value (determined by the state) may also be exempt from probate.
