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 qualified and authorized to exercise fiduciary powers.
To serve as your personal representative, an individual must be either a Florida resident or a close relative of yours.
You have some leeway in your estate plan to establish the particular responsibilities of your personal representative, but there are some general tasks a representative should almost always handle. These include the following:
To learn more about choosing a personal representative and the responsibilities your representative will have, contact a dedicated Pensacola estate planning attorney with The Law Office of Zachary T. Magaha.