Reno, NV asked in Probate for Nevada

Q: I have searched and searched and can't find this answer: where do investments with no brick-and-mortar home vest

If a person owns property in two states, which one has jurisdiction over intestate investment accounts

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1 Lawyer Answer
Jonathan Craig Reed
Jonathan Craig Reed
  • Probate Lawyer
  • Las Vegas, NV
  • Licensed in Nevada

A: Investments are considered "personal property" as contrasted with real estate or "real property." All personal property, wherever located, should be probated--if probate is necessary--in the state the Decedent was a resident of when he died. For this reason probate courts look at the Decedent's death certificate to see which state he or she was a resident of at the time of death. In contrast, real estate is always probated in the state in which it is located.

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