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The process of transferring those assets typically involves claim forms or affidavits and a death certificate.

Examples of non-probate assets can include joint bank accounts, real estate held jointly in survivorship, life insurance, company pension plans, 401(k)s, IRAs, annuities, pay-on-death (POD) accounts, transfer-on-death (TOD) accounts, and any asset held in a trust or with a trust as the designated beneficiary.

Probate assets: If an asset does not have a specific beneficiary designation or joint owner, it is considered a probate asset.

In order to claim these assets, the proper individual must first obtain documentation from the probate court (such as court appointment paperwork for an executor or administrator, or a release for a small estate with a surviving spouse).

Tara Frame will effectively and efficiently represent you through all aspects of the entire process.

The original owner may name you as beneficiary of the account or of a living trust that holds the CD.If you receive a certificate of deposit, or CD, as an inheritance, you may have some tax concerns.Inherited assets aren’t counted as income by the Internal Revenue Service. This may create a tax issue for you along with the possibility of dealing with estate and inheritance taxes.For real property, you must discuss with your probate attorney whether it is best for the estate to use the county tax assessment or to obtain an appraisal, as there are certain tax consequences and benefits to the heirs and beneficiaries associated with each.Certain assets are not included in an estate and are considered non-probate assets. Determine what debts or bills are outstanding and whether the estate is liable to pay them.

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Personal Gear (should weigh less than 15 pounds) Backpack and rain cover (garbage bag OK) Sleeping bag in a waterproof stuff sack Sleeping pad (pillow optional) Personal first aid kit Two water bottles – minimum 2 liters total Two small flashlights Scoop and toilet paper Mess Kit (bowl, cup, utensils) Light towel and/or bandanna Sunglasses Carabiner Emergency Food Personal Items (Toothbrush, soap, glasses, contact solution, medicines) Emergency Kit in a bag: compass, pocket knife, sunscreen, chap stick, signaling devices (whistle and mirror), paper and pencil, map in a waterproof bag, matches in a waterproof bag, water purifier tablets, duct tape, insect repellent, two zip lock bags, two garbage bags Nice to Have: Walking Sticks, Stool or Chair, Waterproof Watch, Camera, Mosquito Hat, Wire Saw, Spices for food, Fishing Pole Clothing – including what you wear (Should weigh less than eight pounds): Sturdy hiking boots (broken in) Water shoes/camp shoes 2-3 pair non-cotton socks 2-3 pair sock liners (optional) 2 Hiking shorts or pants (one pair of long pants and something for swimming) 0-2 pair underwear 2 T-shirts and one long sleeve shirt Rain gear or poncho Hat or Cap (Wide Brim) Warm heavy shirt, sweater, sweatshirt or jacket (no cotton) Fleece pants or long underwear bottoms Gloves or glove liners and warm hat Many new backpackers bring too many clothes.

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