How Do I Avoid Probate?

Video Transcription:

One of the main ways to avoid probate in the state of Florida is to create a revocable living trust. But it’s not enough to just create the trust. You actually, during your lifetime, have to fund and transfer your assets into the revocable living trust for them to avoid probate. In other words, you have to deed your home into the revocable trust. You have to transfer your brokerage accounts into the revocable trust. A lot of people set up a revocable living trust and accidentally think that’s all they have to do, but please remember to take the next step and transfer the assets into the revocable trust to avoid probate. Have more questions? Then contact us today to schedule a free consultation! Doane & Doane – Top rated Tax & Estate Planning Attorneys