In a probate case in Massachusetts, are the Pension Plan - 401K part of the probate process. Do you have to list it under the inventory even if the funds were paid directly to the only family member? Does it get taxed both on the individual's tax returns and on the estate tax returns and if so, which is cheaper tax wise, to file under the probate or individual taxes? There are no other estate assets.
Thank you,
Denise
Thank you,
Denise