Not all assets go through probate in Florida. Whether probate is required often depends on how assets are titled and whether beneficiary designations or trust arrangements are in place.
Understanding which assets may pass through probate can help families plan more effectively and potentially reduce unnecessary court involvement later.
Assets That Commonly Go Through Probate
Assets that are solely owned by the deceased person may need to pass through probate, including:
- individually owned bank accounts
- real estate titled solely in one name
- vehicles
- personal property
- investments without beneficiary designations
Assets That May Avoid Probate
Some assets may pass outside probate, including:
- assets held in a revocable trust
- retirement accounts with beneficiaries
- life insurance policies with beneficiaries
- jointly owned assets with survivorship rights
- payable-on-death or transfer-on-death accounts
See:
Why Proper Planning Matters
Many people assume all assets automatically avoid probate, while others assume everything must go through probate. The reality is often more nuanced.
A thoughtful estate plan can help clarify how assets are owned and transferred.
ACCESSIBILITY