A common misconception is that having a Last Will and Testament ensures assets avoid probate entirely. However, this isn't entirely accurate. A Will serves as instructions for how your assets should be distributed after your death and designates a Personal Representative to oversee this distribution. Depending on the nature of your assets, not all will be governed by your Will, and some will still need to go through probate to be transferred to your beneficiaries. For instance, assets like bank accounts with joint owners or designated beneficiaries will automatically pass to those individuals, and not to those named in your Will. Similarly, real estate may require probate in order to transfer ownership as directed in the Will. Another circumstance that could impact distribution involves joint owners or specific legal factors such as marriage or minor children, which might disrupt your intended distribution plan. Seeking advice from an attorney can help ensure your wishes are executed correctly. Call us today at (941) 315-2114 to schedule a consultation!