10/07/2026
Have estate or inherited property questions? š”āļø
Florida recently increased the asset threshold for summary administration from $75,000 to $150,000.
Why does that matter?
For some families, it may mean a simpler probate process, which can help get an inherited property to the point where it can be legally transferred or sold sooner and with less delay and expense.
And hereās where it gets interesting: not every asset is treated the same.
A qualifying Florida homestead may not count toward that $150,000 threshold in the same way as other probate assets. So even if the home itself is worth substantially more than $150,000, the estate may still potentially qualify for summary administration depending on the circumstances.
Was it the decedentās primary Florida residence?
Was it homestead?
What other assets are in the estate?
Who inherited the property?
Has probate already been opened?
Those details matter.
As both a paralegal and a REALTORĀ®, I understand how the probate process and the real estate transaction overlap. If youāve inherited a home, are helping settle an estate, or simply arenāt sure what needs to happen before a property can be soldā¦
I can help you navigate the real estate side and help point you in the right direction when legal guidance is needed.
Have estate or inherited property questions? Letās talk.
Not legal advice. Every estate is different. Consult a Florida attorney regarding your specific probate matter.