Talk of The Villages Florida - View Single Post - Estate planning question
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Old 03-27-2025, 02:05 PM
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You want to keep as much of your estate out of probate as you can. An attorney is not needed for these assets. You can log onto your financial institutions websites and add beneficiaries to the accounts. This avoids probate. At your death the institutions will want a copy of your death certificate. You can also ask them what forms they want etc. Thus this part you can do.
Do not add anyone as an owner of any assets. This could tricker gift taxes and if they have legal problems they could become your problems. Not sure of the Lady Bird deed. I think you lose some current wrights. My guess is you might need their permission to sell the home. In Florida look up Summary Probation. This is what you are shooting for.