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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Do financial assets (Bank accts, brokerage accts, etc.) currently in the name of an individual with named beneficiaries avoid going through probate? 
If not, will those same assets in the name of a revocable trust avoid probate?[/quote]

Yes, but [b]it is recommended that you do not use beneficiaries for most accounts other than retirement accounts[/b] so as not to inadvertently defeat the purpose of your will.[/quote]

This advice seems counter to everything I've heard.. Why subject yourself to the probate process if you can avoid it? Just make sure your beneficiary designations are consistent with your will. For example, I have accounts named in my individual name and have named my revocable trust as the beneficiary. All distributions will be subject to what the Trust says.

Agree that Bank and brokerage accounts pass to the beneficiary without probate..

https://www.pnc.com/insights/personal-finance/spend/what-happens-to-a-bank-account-when-someone-dies.html
"Joint accounts with rights of survivorship and accounts with payable on death (POD) and transfer on death (TOD) designations bypass the probate process, transferring directly to named beneficiaries."

Same goes for Brokerages too.. https://www.fidelity.com/life-events/estate-planning/asset-strategies/brokerage
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