Educational legal fact: Probate law prevents anyone from inheriting money or collecting life insurance if they kill the person who died. This is known as the Slayer Rule and applies in every state. Follow for more probate law facts you should know. #ProbateLaw #InheritanceLaw #SlayerRule #LegalTok #EstatePlanning #LawFacts
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Do life insurance proceeds go through probate? Life insurance policies and pay-on-death acontracts typically bypass probate when a named beneficiary exists. The beneficiary files a claim, provides required documentation, and receives the money directly. Probate is only required if there is no named beneficiary or all beneficiaries died before the policy owner. 👉 Follow for daily probate and estate planning answers 👉 Save this if you’re a beneficiary or executor #probate #lifeinsurance #avoidpr
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