When someone dies and leaves a will, probate is the legal process for transferring asset ownership and settling the estate. Depending on the size and complexity of the estate, the probate process can take months or even years. Although a judge oversees the process,...
Probate is the handling and distribution of a deceased individual's estate. Tasks in this process also include paying taxes and carrying out any specified instructions in the will. According to Forbes, close to half of the U.S.'s over 55 population has yet to get...
There are a myriad of decisions to make when creating a comprehensive estate plan in Florida. In addition to choosing guardians and beneficiaries, it is critical to select the right administrator to oversee matters of your estate once you pass. If you do not name an...
You may never have heard of ancillary probate and have no idea what it means. However, if you are the administrator of an estate of a person who owned property in Florida, ancillary probate is a topic you may have to deal with. Therefore, you should understand what it...
Probate is a process that, depending on your circumstances, can go by without pain. Communication that is clear and making an estate plan that is concise before death may have everything attended to before you know it. With life events like the passing of a loved one,...
Most states verify the validity of a will and ensure that they carry out the wishes of the deceased before other people can inherit property. If the dead had no will, the court requires probate to help decide how they will distribute the estates among the loved ones....
There are many opinions about the probate process. The one thing that is a fact is that it is the legal process by which the state of Florida carries out your last wishes and legally administers your estate. Beyond that, everything you hear is mainly just individual's...
The probate process can be daunting for a host of reasons, and this is especially true for those who have been given the responsibility of managing a loved one’s estate plan after they pass away. Sometimes, people do not realize all of the obligations that come with...
Probate is the legal process through which people’s assets are passed to their beneficiaries and their final affairs are resolved after their passing. Although your deceased loved one’s estate must go through this process in Florida, there are alternatives to the...
When it comes to your estate, you need to be aware of what exactly will happen after your death. You may not be aware that some assets are not handled the same way as others in Florida. This is why you need to be aware of the different asset types and what happens to...
