According to U.S. News & World Report, probate is the process of proving a will is valid and distributing assets to heirs according to the laws in the state. Not all estate are subject to probate, but many wills end up going through the process. As a result, you...
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Reviewing examples of probate assets
Whether you are working on your will and preparing for the probate process or your loved one recently passed away and you want to learn more about what will happen to their estate, it is helpful to go over various probate topics. For example, make sure you have a...
How does the probate process work?
While most people have heard of probate, they do not always know what exactly probate entails. You may hear that you should avoid it, but if you do not understand the process, can you understand whether you should deal with probate? U.S. News & World Report...
Understanding summary administration in Florida
While many Florida estates must go through the probate process, the state offers two types of probate administration: formal administration and summary administration. In general, summary administration is a simplified process that certain estates may have the option...
New Florida residents should update their estate plan
A comprehensive estate plan evolves over a lifetime. If you are a Florida resident who recently relocated from another state to the Sunshine State, you should consider reviewing and updating your documents. According to Fidelity, reviewing your estate plan at regular...
Why it is important to write your will now
Do you have a case of unrelenting procrastination when it comes to creating or updating your will? If so, you are not alone. Many people put off planning for their affairs after they are gone. You are here now, and you are healthy. Why rush? While this may seem like...
What happens if someone passes away without a will in Florida?
A Last Will and Testament allows people to document their wishes for both the end of their life and after their death. Whether due to a fear of planning for later in life, procrastination or more, many pass away without detailing their wishes for their estates. When...
The duties of a personal representative
There are many times in a person’s life when they may wish or need to name another person to a certain position. Some of these situations may relate to roles that require little professional or specific skills, such as being named as a Godparent for someone’s child....
Modifying an estate plan amid health setbacks
People decide to modify their estate plans for a host of reasons, from the birth of a grandchild to a marriage coming to an end. However, the modification process is particularly difficult for some people, such as those who have a lack of familiarity with how to go...
Is the probate process necessary or mandatory in Florida?
Probate is a process that allows you to transfer your assets to your beneficiaries when you get deceased. When you leave a will, the descendent recipients have to present it to court within ten days after learning of your death. The court will determine the validity...
