Real estate is often one of the most highly valued and complex assets that may has to be administered during the probate process. Understanding Florida’s intricate rules surrounding real estate and probate is essential to properly probating real property in Florida. Here is what you need to know about handling real...
A Florida homestead property (i.e., your primary residence) is considered a non-probate asset because the Florida constitution controls how homestead property is distributed. However, in order to convey clear title to a buyer or to refinance the property, Florida homestead must go through the probate process if the sole owner on...
Probate can be a long and expensive process, but some of the factors that determine how long probate will take in Florida are the type and amount of assets that your loved one left behind. Estates that have limited assets may qualify for summary administration, a less expensive and faster...
Homestead property in Florida is treated differently than most other real estate once the owner passes away. If your loved one has recently passed away and probate is in your future, you will likely need to know what the terms associated with a homestead property mean. Life tenants, remaindermen, life estate...
Two-thirds of Americans do not have a Last Will and Testament. When they pass on, they are legally said to die “intestate”. Dying intestate may complicate the probate process, which can already take up to a few months for a Summary Administration (the shortened form of probate in Florida)...
If you have questions about intestate succession in Florida, you came to the right place. The term “intestate succession” refers to the process of distributing the assets owned by an individual who has passed away without a valid Last Will & Testament.
In Florida, when someone dies without a...
Essentially, probate is a court-supervised process required when an individual passes away leaving assets in their own name. The purpose of the probate process is to identify the assets of a deceased individual’s estate and distribute them to all the beneficiaries named in the...
When a nonresident dies in Florida but owns property in the Sunshine State, the main probate process will likely be opened in the state he or she resided upon passing away. However, since probate is governed at the state level, that means you must handle probate proceedings in...
When someone passes away in Florida, their estate typically goes through a legal process known as probate. During this key period, we figure out what the deceased owned, how much it was worth, and who should receive it. However, before this distribution can occur, an important and often...
When a person passes away, the assets they leave behind—which together form their estate—may need to undergo probate, a court-supervised process for properly gathering and distributing a deceased’s assets. In many cases, a decedent’s assets will include at least one real property, which the beneficiaries of the estate may decide to...
