In Florida, Probate assets are those items in the decedent’s name at death which contain no provision for automatic succession of ownership at death like those that are jointly owned or have a payable on death designation. For example:
1. bank accounts that is not a joint account, one held in trust for another, or those without a beneficiary,
2 real estate in the individuals sole name unless it is a homestead property and the decedent is survived by a spouse or children’
3 property owned by the decedent and spouse becomes subject to probate upon the death of the surviving spouse (subject to surviving descendants in the case of a homestead),
4. life insurance payable to the decedent or their estate,
5. retirement accounts payable to the decedent or their estate,
6. annuities payable to the decedent or their estate,
Jacksonville Probate Lawyer, David Goldman has put together a Florida Probate Handbook that is being offered free to readers and visitors of his websites. If you would like a copy, visit the Free Florida Probate Handbook web page, fill out the form, and one will be sent to you within 24 hours by email.