Attorney Jeffrey P. Coleman answers a common question about probate and what property is exempt.
Exempt property under Florida probate law may be property that does not pass through probate. For instance, an exempt property might be property that passes by virtue of a contract such as an insurance policy or an IRA. The courts also use exempt property to determine property that is not subject to the claims of creditors. For instance, in many times, the homestead of Florida residents. These are complicated issues that require legal assistance.