By Zachary Magaha | Published June 30, 2018 | Posted in Probate | Tagged Tags: Florida probate, last will and testament, probate administration |
Making Sense of the Florida Probate Process Probate is the court-supervised process of collecting all the assets of a recently deceased person, paying off their debts and the costs of the probate process, and then distributing the estate assets to the decedent’s beneficiaries. Florida’s specific probate rules are found in the Florida Statutes, Chapters 731 Read More
Read MoreWhat Happens If You Die Without a Will in Florida? When a person passes away without a last will and testament in place, they are said to have died “intestate.” If this happens to you, your assets will be passed on to your heirs per Florida state law. In general, these rules do not result Read More
Read MoreWho Is Involved in the Probate Process in Florida? When you pass away, your estate will likely go through the probate process. Any of the following Florida state officials and other parties may be involved in the probate of your estate: The county clerk for the county where you were living at the time of Read More
Read MoreThe Responsibilities of a Personal Representative As you prepare your estate plan, you can choose a personal representative to handle matters associated with your estate after you pass away. In Florida, your personal representative can be an individual, a trust company established under state law, or a bank or savings and loan institution that is Read More
Read MoreHow to Initiate a Probate Proceeding in Florida To begin a probate proceeding, the personal representative of the decedent’s estate must file a petition, which is typically prepared by an attorney. The personal representative is then responsible for all aspects of administering the estate until all financial obligations have been met and all estate assets Read More
Read MoreAn Overview of Summary Administration in Florida Probate Court Summary administration is an option for administering an estate in Florida. It does not require the appointment of a personal representative to handle the administration process, and it typically takes less time, effort and money than formal administration, the most commonly-used estate administration process in the Read More
Read MoreTips for Choosing a Personal Representative for Your Estate As you go through the process of creating an estate plan and drafting a last will and testament, you must select a personal representative who will be responsible for handling all the necessary estate administration processes after your passing. There are a few legal requirements for Read More
Read MoreSteps to Becoming an Organ Donor in Florida As part of your estate planning, you may wish to include certain stipulations about what will happen to your body after your passing. Many people choose to sign up for the organ donor registry, so they can save the lives of others through their donation of organs Read More
Read MoreEstablishing a Valid Living Trust in Florida A “living trust” is one that you create and administer while you are still alive, rather than one that is activated only upon your death in accordance with the terms of your will or other estate planning documents. When creating a living trust, you will designate a trustee Read More
Read MoreWhat to Know About Power of Attorney Laws in Florida If you plan to include any form of power of attorney in your estate plan, it is important to be aware of the Florida state laws and regulations affecting powers of attorney. The following are a few things you should know about power of attorney Read More
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