What is probate?
The court process for settling an estate
Probate is the court-supervised process of validating a will, paying debts, and transferring assets to heirs. In Florida, a personal representative is generally required to be represented by an attorney, and formal administration often takes months.
Assets that pass by beneficiary designation, joint ownership with survivorship rights, or a funded trust generally avoid probate.
Tools that can help avoid probate
- Revocable living trust — assets titled in the trust pass without probate
- Lady Bird deed — passes a Florida home at death while you keep full control during life
- Beneficiary designations — for life insurance, retirement, and many accounts
- Payable-on-death and transfer-on-death — for bank and investment accounts
- Joint ownership — with care, since it has its own risks
