Below are common words and phrases used in probate and estate planning in Florida. We have just begun this list and will add to it regularly. If there is a term or phrase that is not listed that you have a question about, please feel free to reach out to us by phone, or using the form to the right and we will address your question.
I
Refers to not having a will. If a Florida resident dies without a valid will, they are intestate and their property will pass according to Florida Intestacy Laws.
J
When used for real property, joint tenancy is a way of holding property in two or more individuals names with each holding an undivided interest. However, in Florida, there is no presumption of rights of survivorship unless specifically set out in the deed.
P
Probate has come to be used generically as a term referring to the administration of a will or intestate estate by the appropriate court. It originates from a Latin term meaning the proving of a will. There are many types of probate proceedings including Formal, Summary, and Disposition Without Administration.