What Is the Estate's Personal Property Worth for Probate in Florida?

No. Executors in Florida can typically group low-value household goods into a single line on the inventory — for example, "household furnishings and personal effects" — while valuable items such as jewelry, art, and collectibles are listed individually. Each value reflects fair market value as of the date of death.

In Florida, the executor must file the estate inventory within 2 months of appointment. If assets are discovered later, Florida requires a supplemental inventory.Fla. Prob. R. 5.340; Fla. Stat. § 733.604Verified Jul 13, 2026

Florida has limited simplified probate options.Fla. Stat. § 733.402 (bond — required by default: "Unless the bond requirement has been waived by the will or by the court, every fiduciary to whom letters are granted shall execute and file a bond with surety"; banks/trust companies exempt under (3)), § 733.617(2) (PR commission presumed reasonable: 3% first $1M, 2.5% $1M-$5M, 2% $5M-$10M, 1.5% above $10M), § 733.6171(3) (attorney compensation presumed reasonable: $1,500 for estates $40,000 or less; +$750 $40K-$70K; +$750 $70K-$100K; "3 percent on the next $900,000"; 2.5% $1M-$3M; 2% $3M-$5M; 1.5% $5M-$10M; 1% above $10M; written disclosure of negotiability required by (2)(b)), § 733.604(1)(a) (PR self-values the estate in a verified inventory — no court appraiser), § 733.702(1) (creditor claims: later of 3 months from first publication OR 30 days from service on the creditor), § 733.710(1) (absolute 2-year nonclaim bar from date of death), § 733.2121(2) (publication "once a week for 2 consecutive weeks, in a newspaper published in the county where the estate is administered"), § 735.201(2) (summary administration: estate less exempt property "does not exceed $150,000 ... or ... the decedent has been dead for more than 2 years" — $150,000 per Ch. 2026-57 § 7, in force since 2026-07-01), § 735.301(1) (disposition without administration: decedent "leaving only personal property" whose nonexempt value does not exceed preferred funeral expenses + last-60-days medical/hospital expenses; no fixed dollar cap; not amended by Ch. 2026-57). Re-verified 2026-07-14 by live fetch of the Ch. 733 and Ch. 735 statute pages on leg.state.fl.us and the enrolled chapter law Ch. 2026-57 at laws.flrules.org/2026/57 (act § 14: "This act shall take effect July 1, 2026"). Codified republication on leg.state.fl.us still printed the pre-2026 figures ($75,000 / $2,500 / $1,000 / $10,000) on 2026-07-14; the chapter law controls.Verified Jul 15, 2026 Most estates require standard probate administration regardless of personal property value.

High-value items such as art, antiques, jewelry, and collectibles typically require professional appraisals, while typical household items — furniture, electronics, appliances, clothing — can be valued using comparable sales data. Florida lets the executor value most property without a formal appraisal, though valuable items still warrant a qualified appraiser.Fla. Prob. R. 5.340; Fla. Stat. § 733.604Verified Jul 13, 2026

Once the inventory is filed, tangible personal property in Florida passes under any specific gifts in the will, then under the will's residuary clause. Without a will, it passes under Florida intestate succession. See who receives it with the Florida inheritance calculator.

Not necessarily. Items with named beneficiaries (life insurance, retirement accounts), jointly held property, and assets in a trust bypass probate. Only personal property owned solely by the deceased passes through probate in Florida. The Florida probate need checker determines which assets require probate.