Real property, both surface rights and mineral interests.
Bank and brokerage accounts, Certificates of Deposit, stocks, and bonds (depending on whether there is a beneficiary designation).
One-half of any Individual Retirement Accounts which are considered community property owned by the testator’s spouse.
Tangible personal property, both titled and untitled.
Royalties generated from intellectual property.
Money owed to the testator at the time of his/her death.
Assets that generally do not pass under a will in Texas include:
Some employer provided retirement plans in which the testator is the participant.
Employer provided retirement plans in which the testator’s spouse is the participant.
Individual retirement accounts owned solely by the testator.
Property owned in a trust of which the testator is a beneficiary.
There are instances where some of the assets described above may be passed under a will. One common example occurs when the estate or will executor is named as the beneficiary for one or more of the assets listed.
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