7 More Family Office Resources:

• Inheritance Laws Family Office Definition: Inheritance Laws Inheritance Laws definition:  Inheritance laws are state laws that govern the distribution of assets in the case of intestate deaths. Download our free Family Office Report to learn more about the ...
• Probate Family Office Definition: Probate Probate definition:  Probate is the legal process by which the state court determines the legal validity of a will, assigns an executor or administrator for an estate, transfers ownership of ...
• Joint Tenants With Right of Survivorship Family Office Definition: Joint Tenants With Right of Survivorship Joint Tenants With Right of Survivorship definition:  Joint tenants with right of survivorship determines how property is handled upon death of one of the joint ...
• Payable-On-Death Accounts Family Office Definition: Payable-On-Death Accounts Payable-On-Death Accounts definition:  Payable-on-death accounts include bank or credit union accounts (i.e. checking, savings, certificates of deposit, savings bonds). These accounts can be distributed to named beneficiaries upon the ...
• Individual Property Family Office Definition: Individual Property Individual Property definition:  Individual property is owned by just one person (one spouse) as opposed to joint or community property. Download our free Family Office Report to learn more about the ...
• Ancillary Probate Family Office Definition: Ancillary Probate Ancillary Probate definition:  Ancillary probate is a second probate process outside of the deceased person's state of residence. An example is for property held in other states. Download our free ...
• Transfer-On-Death Accounts Family Office Definition: Transfer-On-Death Accounts Transfer-On-Death Accounts definition:  Transfer-on-death accounts includes investment accounts (i.e. stocks, bonds, and mutual funds) and in some states, vehicles and real estate property. These assets can be transferred to ...