I am a Florida resident, divorced, no dependents. I have several bank accounts which are held jointly with one of my two sons. I have an IRA with my two sons as beneficiaries. I also own my residence and my office condo.My question is if I put my two real properties in a lving trust will that avoid probate on the properties. Second, since my bank accounts are in joint names do they also avoid probate.The only other thing I own is my personal property and car.Based on the above do I still need a will
State/Country relating to question: Florida
My own research on the internet.
I'm happy to help you with this. From what you're telling me, I'm going to say something attorneys never say. In my opinion, I don't see any need for a will. The trust will take care of your real property and your investments have beneficiaries. You can always write what I call a Letter of Last Instruction for small personal items and funeral wishes, which is not official in any way, but let's people know things like, "my gold watch is for my nephew Fred" and "I want my funeral at Jones Funeral home" things like this in an informal letter. People have found this very helpful.
Your response is pretty much in line with what I have ascertained so far from my research. Thank you for you help in this matter.
You are very welcome.
Attorney at Law
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