In most cases, the gross estate of a decedent is larger than the probate estate.

Name: In most cases, the gross estate of a decedent is larger than the probate estate.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

The probate estate only includes property that is subject to probate, which is typically a smaller subset of the decedent's total assets. The gross estate includes all assets, both probate and non-probate, such as jointly owned property, life insurance proceeds, and assets held in trusts.

In Most Cases, the Gross Estate of a Decedent Is