When someone passes away, one of the first questions families ask is: Does this asset need to go through probate? The answer depends entirely on how the asset was titled, and it’s different for real estate than it is for bank accounts, investment accounts, or retirement funds.
This free one-page flowchart walks you through both, step by step, so you can quickly determine which assets require probate and which pass directly to beneficiaries without court involvement.
What the flowchart covers:
- Instantly see whether a piece of real estate requires probate based on how it was owned
- Determine whether a financial account is a probate asset or passes directly to a named beneficiary
- Understand the difference between joint tenancy with rights of survivorship vs. tenancy in common
- Know what POD (Payable on Death) and TOD (Transfer on Death) designations mean, and how they affect the probate determination
- Keep it handy as a quick reference tool when managing an estate
This flowchart is for Florida families managing a loved one’s estate who need a fast, clear answer to whether an asset requires probate without having to call an attorney first.
Fill out the form below and we’ll send the flowchart directly to your inbox.
Misidentifying a probate asset can lead to costly delays and legal complications. This flowchart gives you a clear answer in under 2 minutes.
Still have questions after going through the flowchart? Call our office at 954-580-3690 or email Info@EstateandProbateLawyer.com — we’re here to help.
SJF Law Group is very comprehensive. My family met with Samantha to set up all of our legal matters. Upon my husband’s sudden and unexpected passing, Samantha immediately met with me to ensure our issues were all covered. When faced with another legal issue, Samantha helped me navigate that issue too. I highly recommend working with SJF Law Group. ~Suzanne M., Probate & Estate Planning Client