Florida Probate: What to Do When a Loved One Dies
When a loved one dies, there are many details that need to be handled, including navigating the Florida probate process. Even though this is an emotional time for the deceased’s loved ones, attention and time must also be given to certain estate matters.
While you...
Do You Need a Real Estate Attorney to Buy or Sell a Home?
For most individuals, buying or selling a home is their single investment transaction. And just like any other large financial deal, it should be done with proper legal guidance to avoid mistakes and potential legal liabilities.
Transactions that involve a real estate agent should also involve an attorney since real estate agents do...
Protecting Your Property Rights with Title Insurance
What is title insurance? Many homebuyers are not familiar with title insurance, even if they’ve purchased property before. This may be due to the fact that the closing process is full of requirements, tasks, and costs, and title insurance can sometimes get lost amid...
How Do You Prepare and File a Quitclaim Deed In Florida?
Quitclaim Deeds are typically used in real estate transactions involving family members or close friends, or when little or no money is being exchanged for a transfer of title. Unlike Warranty Deeds, Quitclaim Deeds do not guarantee that the property title is clear of defects, which requires a higher level of trust...
Do You Need an Opinion of Title in Florida?
Some cities and counties in Florida require an attorney opinion of title for certain real estate matters (such as a Unity of Title, water and sewer setup, zoning, development or permitting). Some lenders also require an attorney opinion of title letters, often for real estate transactions.
A Guide to Qualifying for the Shortened Probate Process in Florida
Navigating the probate process can be a daunting task, but for heirs of Florida property, there's a glimmer of hope in the form of a shortened probate process. This streamlined approach aims to simplify the distribution of assets and provide a faster resolution for beneficiaries. In this article, we'll explore the key...
What Is the Florida Summary Administration Process? Probate Rules for Small Estates.
Probate estate procedure may vary from state to state, but many states have similar laws that allow a simplified estate procedure if the value of a deceased's estate falls below a certain amount. Florida is no exception. The simplified estate procedure in Florida is called Summary Administration.
What...
How Does a Life Estate Work in Florida?
Among the many estate planning tools available in Florida is a legal mechanism known as a “Life Estate.” Its primary advantage is allowing you to transfer property to your beneficiaries upon death without going through probate.
Depending on the size and complexity of your estate, Florida probate proceedings...
Understanding Ancillary Administration for Non-Florida Residents
Given the widespread appeal of Florida’s dynamic real estate market, it is not uncommon for individuals who reside in a different state or country to own a seasonal or income property in Florida. However, if someone with real property in Florida dies while a resident of another state or country, their estate...
The Summary Administration Probate Process in Florida
If an individual dies owning assets in his or her name alone (“probatable assets”), a probate court proceeding must often take place to determine who is to receive the assets and how the assets will be distributed. This is true even if the deceased left a Last Will & Testament. The Will...