Tag Archives: probate answers

5 Questions and Answers About Probate

  My spouse/parent/sibling just passed away, what do I need to do?  In the State of Florida, the court-supervised process to determine the deceased person’s assets, take care of their debts and make any distribution to beneficiaries is called “Probate.”  Generally, if retirement accounts (such as IRAs or 401(k)s and life insurance policies list a beneficiary, they do not go through the Probate process.  Property held in a living trust or funds in a payable-on-death (POD) bank account also transfer without… Read More »