Her house is worth $60K. Her CDs and bank accounts are worth $200K. I am the executor and also the sole beneficiary of her bank accounts and CDs (and house). Can I collect the cash from the bank accounts and CDs by presenting the death certificate? Thus avoiding probate for the remaining value (of her house) since it is less than $75K. Thank you.
check with a FLA lawyer but normally accounts with beneficiaries listed or that are jointly held with the deceased person, are not considered to be estate property and would not be required to go through probate.
Consumers can use this platform to pose legal questions to real lawyers and receive free insights.
Participating legal professionals get the opportunity to speak directly with people who may need their services, as well as enhance their standing in the Lawyers.com community.