Not all property passes through probate when a person dies. If there are assets that are titled in the name of a revocable living trust, they do not pass through probate. If there are assets that are titled jointly with a spouse, or payable on death, or via a beneficiary designation, those assets pass by what's called operation of law. Those do not go through the estate as well. So the estate assets are limited to only those assets that are in the individual decedents name upon death, with no other mechanism for avoiding probate.
The material presented on the Cahill Law Firm, P.A. website is intended for information purposes only. This website is not intended to constitute legal advice or the provision of legal services.
Any unauthorized use of material contained herein is at the user's own risk.
Transmission of the information and material herein is not intended to create, and receipt does not constitute, an agreement to create an attorney-client relationship with Cahill Law Firm, P.A. or any member thereof.
Michael L. Cahill is an attorney and certified public accountant providing estate planning, probate and tax services in the St. Petersburg, Seminole, Largo, Clearwater and Florida gulf beach communities.