Category Archives: Estate Administration
7 FAQs About Probate In Florida
Losing a loved one is never easy. There is often an overwhelming feeling of grief and you may not have even started to think about probating your loved one’s property. You may not know where to start, what the process entails, or how you will get your questions answered. Below, our Daytona Beach estate… Read More »
How To Avoid Common Mistakes Made By Trustees
Trust administration in Florida can be a demanding and complicated task. If someone has named you as trustee, you are legally required to manage the property within the trust and distribute it to beneficiaries according to the terms of the trust. It is important that you do not take this responsibility lightly. Even just… Read More »
Four Reasons To Avoid Probate
Probate is a court-supervised process of administering a person’s estate, or property, after they pass away and distributing the property to their heirs and beneficiaries. Due to the fact that decedents cannot legally own property, assets owned by the deceased must go through probate. During probate, any debt owed by the deceased is also… Read More »
The Pros And Cons Of Probate
Probate has a negative connotation for many people. Some financial planners and estate administration attorneys even aggressively advise against it. However, for the heirs of an estate, probate can either be a negative or positive experience. In some situations, the process can be quick, smooth, and helpful. For others, it can be lengthy, expensive,… Read More »
FAQs About Probate In Florida
Many people have heard of probate but do not know exactly what the process entails. Probate is the court-supervised legal process of administering and settling a person’s estate after they pass away. If you are about to go through probate, or you are thinking about planning your estate, you may have many questions about… Read More »
How To Locate An Unresponsive Beneficiary
When thinking about probate, it is easy to assume that all beneficiaries would willingly come forward to claim their inheritance. However, this does not always happen. Beneficiaries may have moved far away, lost touch with the decedent, or simply do not want to come forward to claim their inheritance. Unresponsive beneficiaries can complicate the… Read More »
Steps Involved In The Florida Probate Process
Losing someone you love is never easy, but in the following weeks and months, you may also have to go through probate. Probate is the process of administering someone’s estate after they pass away and it can be costly and time-consuming. If you have never gone through probate before, the entire process can seem… Read More »
Four Ways To Avoid Probate In Florida
People enter into estate planning with a number of goals and one of them is often to help their loved ones avoid probate after they pass away. Probate is a very lengthy and expensive process and so, it is not surprising that people want to save their family members the time and effort. Below,… Read More »
Are Personal Representatives Required To Value Assets During The Probate Process?
Personal representatives are individuals who have been appointed, either in a will or by the probate court, to administer an estate after a person has passed away. Personal representatives have many duties during the probate process, including identifying all the assets owned by the deceased and valuing them. This is not always as straightforward… Read More »
Are Life Insurance Proceeds Subject To Probate?
Probate is the court-monitored process of settling a person’s estate after they pass away. This can involve inventorying the assets of the deceased, responding to creditor claims, handling disputes, and ultimately distributing the property to the estate’s beneficiaries. The process can be long and costly, and many people try to help their loved ones… Read More »