Many financial accounts and investment assets allow you to name a beneficiary who will automatically receive ownership upon your death. These accounts are commonly called “Transfer on Death” (TOD) or “Payable on Death” (POD)” accounts.

Similarly, Florida real estate can pass outside of probate through tools such as a life estate deed with a remainder interest (authorized under Chapter 689, Florida Statutes).

Because these arrangements typically avoid probate, they are often viewed as simple and cost-effective Florida estate planning solutions. In many cases, the beneficiary only needs to present a certified death certificate to the financial institution or county recorder’s office to complete the transfer.

Florida is taking an important step for business owners and real estate investors. Beginning July 1, 2026, Florida will allow the formation of Protected Series Limited Liability Companies (Series LLCs) under newly enacted legislation (SB 316).

This development gives entrepreneurs a new way to structure multiple ventures or properties under one parent LLC—while maintaining liability protection between them.

When thinking about estate planning, one of the most important — and often overlooked — issues is how your assets are owned. (Keep in mind that doing nothing is also a form of estate planning.) The way assets are titled determines what happens if you are healthy, incapacitated, or deceased, and whether your family will face guardianship or probate proceedings.

Understanding asset ownership is a foundational step in creating an effective estate plan.

When families think about estate planning, they often focus on avoiding probate, protecting assets, or ensuring loved ones are taken care of. One important topic that is sometimes overlooked is capital gains planning—specifically, how taxes on appreciated assets can affect heirs.

For Florida families, understanding how capital gains work, how the step-up in basis rule applies, and what planning opportunities exist can make a meaningful difference in preserving wealth across generations. This article provides general educational information to help you ask the right questions as part of a comprehensive Florida estate planning and wealth protection strategy.