Are there any exceptions to probate?

Yes, there are exceptions to probate in Florida. These include assets that are held in joint tenancy, assets with a named beneficiary, and assets in a trust. Joint tenancy is when two or more people hold the title to an asset jointly. In a joint tenancy, when one owner dies, the other owner automatically takes over ownership of the asset. This means that the asset does not have to go through probate. Assets with a named beneficiary, such as life insurance policies, retirement accounts, and bank accounts, also avoid probate. These assets generally have an individual beneficiary designated in advance, who automatically becomes the owner of the asset when the original owner dies. Finally, assets held in trusts typically do not have to go through probate. A trust is an arrangement made between a grantor and a trustee for the benefit of another person. The trust allows the grantor to control the assets before and after death, without having to go through the probate process. Overall, there are several exceptions to probate in Florida. These exceptions provide added convenience and security to many individuals and families who would otherwise have to go through the probate process.

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Are there any exceptions to probate?

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