The Complete Florida Probate & Estate Settlement Guide

Learn how probate works in Florida, what to expect after a loved one passes away, and the steps involved in settling an estate.

What Is Probate?

Probate is the legal process of administering a person's estate after they pass away.

Depending on the circumstances, probate may involve:

  • Validating a will

  • Identifying assets

  • Paying debts and taxes

  • Notifying creditors

  • Distributing property to beneficiaries

  • Closing the estate

The probate process is supervised by a Florida court to help ensure the estate is administered according to Florida law.

Does Every Estate Go Through Probate?

Not necessarily.

Some assets may pass directly to beneficiaries without going through probate, including:

  • Life insurance proceeds with named beneficiaries

  • Retirement accounts with designated beneficiaries

  • Jointly owned property with rights of survivorship

  • Certain trust assets

  • Payable-on-death (POD) or Transfer-on-Death (TOD) accounts

Whether probate is required depends on how assets are owned and titled.

Types of Probate in Florida

Summary Administration

Summary administration is generally available for smaller estates or when the decedent has been deceased for more than two years, provided certain legal requirements are met.

It is often faster and less expensive than formal administration.

Formal Administration

Formal administration is the standard probate process used for many estates.

The court appoints a personal representative to manage the estate and oversee the administration process.

What Is a Personal Representative?

A personal representative (sometimes called an executor in other states) is responsible for administering the estate.

Responsibilities may include:

  • Filing required court documents

  • Gathering assets

  • Paying valid debts

  • Working with financial institutions

  • Filing tax documents when required

  • Distributing assets

  • Closing the estate

Serving as a personal representative is an important legal responsibility.

Steps to Settling an Estate

While every estate is different, the process often includes:

1. Locate the Will

Identify the most recent valid will and other estate planning documents.

2. Gather Important Documents

Examples include:

  • Death certificates

  • Financial account statements

  • Insurance policies

  • Property deeds

  • Vehicle titles

  • Tax returns

3. Consult a Probate Attorney

Many estates benefit from working with a Florida probate attorney who can explain the legal requirements and guide the administration process.

4. Notify Financial Institutions and Government Agencies

This may include:

  • Banks

  • Investment firms

  • Social Security

  • Pension providers

  • Insurance companies

5. Secure the Property

If the estate includes a home, be sure to:

  • Change locks if appropriate

  • Maintain utilities

  • Continue basic maintenance

  • Protect valuables

  • Notify the homeowners insurance company

  • Arrange for lawn care and inspections if the home will be vacant

6. Pay Debts and Distribute Assets

The estate generally pays valid debts before assets are distributed according to the will or Florida law.

Common Mistakes to Avoid

Families often make avoidable mistakes during estate settlement, including:

  • Delaying probate when it's required

  • Failing to secure vacant property

  • Letting homeowners insurance lapse

  • Distributing assets before debts are resolved

  • Overlooking beneficiary designations

  • Forgetting to notify financial institutions

  • Misplacing important documents

Taking time to organize records early can make the process much smoother.

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What Happens to Insurance After Someone Dies?

Insurance is often one of the first financial matters families should review.

Depending on the situation, this may include:

  • Filing life insurance claims

  • Notifying the homeowners insurance company

  • Updating automobile insurance

  • Reviewing umbrella policies

  • Protecting vacant properties

  • Updating insurance after property transfers

A home that becomes vacant after an owner's death may have different insurance needs, making it important to notify your insurance company as soon as practical.

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Need Help Reviewing Insurance After a Loss?

Settling an estate often involves more than legal paperwork. Homes, vehicles, life insurance policies, and other valuable assets may all require insurance updates.

The advisors at Ted Todd Insurance can help you review existing policies, explain coverage considerations, and ensure the estate's insurance needs continue to be met during the transition.

Your Questions, Answered