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NONPROBATE

The portion of a deceased person’s estate that passes to others in a way other than probate, for example, joint property with a right of survivorship, joint tenancy ownership, living trusts and life insurance proceeds. Property that does not pass through probate is often called the nonprobate estate. Nonprobate distribution may also occur should an issue arise where the deceased may not have had a valid will and state intestate succession laws shall apply.

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