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Personal Finance (Not Investing) • Does naming beneficiaries keep assets out of probate?

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My Vanguard brokerage account is in my name only, with my wife as the primary beneficiary and our son as the secondary beneficiary. And same with my IRA & Roth. Does a named beneficiary keep these assets out of probate? Am I correct if it were a joint account with right of survivorship and I predeceased my wife, the assets would automatically transfer to her outside of probate? Thank you in advance.

Statistics: Posted by Myopic squirrel — Tue Sep 10, 2024 12:18 pm — Replies 3 — Views 148



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