Megan has the following assets: a checking account in her name alone, a car with Ralph listed as a co-owner on the title, a house in her name alone, and a life insurance policy. When Megan took out the life insurance policy, she named her mother as beneficiary, but her mother is now deceased. Megan is an only child. Which of Megan's assets would be probate assets if she died today?
What will be an ideal response?
The checking account, house, and life insurance would all be probate assets.
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