Can I avoid probate with a Living Trust?

Can I avoid probate with a Living Trust?

There is not an immediate yes or no answer to this question. However, the fact that you are thinking about this is an important first step. Simply creating a Living Trust is not alone going to allow you to avoid probate in Florida. Placing assets in the living trust is the key to those assets avoiding probate.

Assets that belong to the Living Trust will not need to go through the probate process in Florida. A good example is the title to a home. If the home is titled only in the name of the decedent, the home will need to go through probate to pass to the heirs. If the home were titled in the name of the Living Trust, the designated Trustee would have the ability to transfer the title without going through the probate process.

Depending on the size of your estate and your assets, a Florida Living Trust may be your best option at avoiding probate. At Spider Legal, we will collaborate with you to determine what estate plan will best fit your family. If you want to learn more, please contact us via phone, email or through our Contact Us chat box on the website. #FloridaTrust