Category Archives: Estate Administration
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 »
What Happens When A Will Is Lost In Florida?
You may have heard your loved one speak about their will or, perhaps you have even seen a copy of it. Now they have passed away and no one can find the original will. This is a very stressful situation particularly if there is real property, bank accounts, or personal property in your loved… Read More »
Do Heirs Inherit The Mortgage With The House?
Inheriting a home can seem like a real blessing. Whether you want to live in it, sell it, or otherwise, a home is typically the most valuable asset a person owns and inheriting one can seem like a gift. However, what happens when the home you have inherited from a loved one still has… Read More »
Should Personal Representatives Have A Lawyer In Florida?
Every state that goes through the probate process in Florida must have a personal representative. Individuals, financial institutions, and private entities can all act as personal representatives. Many people draft a will and within the document, they designate their personal representative. However, if a person passes away and they have not named a personal… Read More »
Things To Know About Selling Inherited Property
So, you have recently learned that one of your family members left you property as an inheritance. Although this is a loving gesture, you may also wonder what you are going to do with it. For example, you may already own your own home but your family member has left you their vacation property… Read More »