All estates do not go through probate in Florida. Probate is required if a person passes on without a clear succession plan for assets in their name.
These kinds of assets include, but are not limited to the following:
A life insurance policy, annuity contract, or individual retirement account payable to the decedent's estate.
Property in the sole name of the decedent, or in the name of the decedent and co-owner as tenants in common, is a probate asset (unless it is homestead property).
A bank account or investment account in the sole name of a decedent.
Q: Why Avoid Probate In Florida?
It can be very stressful for the parties involved in a probate process. If you wish to avoid probate, consider this option:
Use Joint Ownership With Rights of Survivorship or Tenancy-by-the-Entirety
Use Beneficiary Designations or Life Estate Deeds.
Use a Revocable Living Trust.
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