Direct Answer: Joint Tenancy with Right of Survivorship (JTWROS) in Florida bypasses probate under Fla. Stat. § 689.15, but it completely overrides your Last Will and Testament. Upon the death of one joint owner, title vests immediately and automatically in the surviving owner. This exposes assets to the survivor’s future creditors, potential remarriage claims, and […]
Tag: Joint Ownership
Florida Property Deeds & Titling: Choosing the Right Ownership Structure to Avoid Probate
The primary property deeds used in Florida estate planning are Warranty Deeds, Quitclaim Deeds, and Enhanced Life Estate Deeds (commonly called Lady Bird Deeds). While a deed physically transfers legal title to real estate, the way ownership is titled determines a lot. For example – whether your home must pass through Broward County probate court […]