Asset Titling and Probate
A married couple owns the following assets:
- Residence titled as joint tenants with right of survivorship
- Individual brokerage account owned solely by the husband
- Husband's IRA naming his wife as primary beneficiary
- Revocable living trust funded only with investment real estate
The husband dies unexpectedly.
Which of the following assets would generally NOT pass through probate?
- The individually owned brokerage account only
- The residence and the IRA
- The residence, the IRA, and the assets titled in the revocable trust
- All of the listed assets
