A graduate of the University of Florida Levin College of Law, Robert Fraxedas possesses more than 10 years of legal experience. During his career, Robert Fraxedas has complemented his practice with a number of seminars on topics related to the probate process.
The probate process involves putting a will into action, which happens after a court validates the document. When people plan their estates and draft their wills, some assets will meet the criteria for probate and other will not, depending on the wishes of the individual. Knowing the difference between probate and non-probate is very helpful.
A few examples of probate and non-probate assets include property, personal items, and bank accounts. They differentiate in the ways the decedent decided to distribute them when drafting his or her will. For probate assets, these go to the identified beneficiaries after the court accepts the will. Non-probate property, on the other hand, transfer directly to the recipients without any legal mediation.
