Monday, 23 February 2015

If assets of deceased are In trust for , pay on death , names person as beneficiary , and a homesteaded house, does will have to go through ...

Question

If assets of deceased are In trust for , pay on death , names person as beneficiary , and a homesteaded house, does will have to go through probate in florida ?



Answer

If the house is an asset in a properly drafted living or revocable trust, the property may be distributed by the Personal Representative without filing in probate court.



Answer

It looks like the assets avoid probate, but it is unclear by your description about the homesteaded house. Both matters should be reviewed more clearly by a probate attorney.



No comments:

Post a Comment