Joint Property,acct. included in estate?

[tstearns]

My jurisdiction is: IL

Are accounts, real estate, auto titles held in joint tenancy included in the estate of a deceased or do they go unaccounted for in the estate and go automatically to the joint holder? Must all wills be probated or only if the estate is over a certain amount?

 

[lwpat]

It depends on exactly how the joint tenancy is held. You will need to look at the paperwork. It passes outside the estate if it is right of survivorship.


The will needs to be filed.