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Mutual Wills Package with Last Wills and Testaments for Married Couple with No Children Tennessee Form

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Mutual Wills Package with Last Wills and Testaments for Married Couple with No Children Tennessee Form

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hi this is mike coleman i'm an attorney at lance law and i'm just going to talk briefly today about wills and probate so i have people come into the office sometimes and they say to me well if i just sign a will or execute a will then i'm not going to have to go through probate or my heirs won't have to go through probate with my assets and that's not necessarily true really the the reason for probate is based on what the title to the asset is so for instance let's take a bank account a bank account can be titled in all different kinds of ways so you can have bank accounts titled in one person's name alone you could have a bank account held jointly with spouses or other co-owners maybe the bank account is in someone's name alone but with a beneficiary or perhaps it's in some kind of a trust so the answer to whether or not you're going to need to probate this bank account if something happens to the owner is

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