In Florida, the probate process can be complex and time-consuming, which is why many individuals turn to summary probate administration to speed up the process.
Here, we will discuss the different aspects of summary probate administration, such as the qualifications required to be eligible, the timeline and costs, other...
When someone dies without a valid will, that person is said to have died “intestate.” On the other hand, people who die with a valid will are said to have died “testate.” Some Florida residents with no valid will are worried about the State of Florida taking their property after their death....
Probate is a court-supervised process that allows you to administer and distribute a deceased person’s property to their rightful heirs. Probate is essential when the deceased dies without a will and the asset is not held jointly (or does not have a payable on death beneficiary...
Deciding between summary administration and formal administration in Florida can be a difficult decision. Many factors come into play, including the value of the deceased’s estate, the type of assets that need to go through probate, the number of heirs, possible creditor issues, and whether the estate may be a party...
Florida has a higher-than-average population of people over the age of 65. This demographic makes up approximately 21% as of the 2020 census. As such, there tends to be a higher-than-average focus on estate planning and end-of-life rituals. However, many people do pass away without making provisions for the distribution of...
Losing a loved one can bring many challenges, including the need to distribute their assets. In Florida, this court process is referred to as probate. Two options for probate exist in the state, summary administration and formal administration. Which one is most appropriate often depends on the size and complexity...
Florida law has specific probate rules for the estate of a non-resident who dies with assets in Florida. That is why it is crucial to know where the decedent resided at the time of death and whether he or she possessed assets in Florida. Take a moment to learn how probate...
The grief process looks different for everyone, but no one wants to deal with the complicated legal or real estate process while they’re also dealing with the death of a loved one. It may be impossible to prepare for the complex and challenging emotions you’ll face but knowing what to expect from...
Did you know that probate doesn’t look the same for every estate in Florida? State law dictates which estates need to go through formal probate and which ones may qualify for summary administration. As a simpler and often quicker option, summary administration is the preferred method for many people.
Cost is a common factor in estate planning considerations, and for good reason. Probate is notoriously costly, causing many people to go to great lengths to avoid the probate process altogether. Taking the appropriate steps to avoid probate is important not only so that your heirs can avoid the cost of...
