To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us in person, via telephone or through video conferencing. Please call our office to discuss your options.

3 things you should know about Florida probate law

Family-estate-planning.jpg

Probate is something you may not think about at all, but it can drastically affect how your family receives and manages your assets after you die. Preparing in advance for asset management is an essential way to avoid the probate process and keep control over your asset distribution.

Each state has different laws regarding the probate process. If you are a Florida resident, here are three things you should know about the laws regarding probate in your state:

1. Florida is not a community property state

Many people are aware of the term "community property" when it comes to divorce law, but the legal concept applies in probate as well. There are several states with community property laws, but Florida is not one of them. In a state with community property, if you are married and do not have children, the court will award your assets to your spouse. But in Florida, the courts use estate inheritance laws to determine how to distribute your assets.

2. Formal administration and summary administration 

In our state, the probate process falls under two processes: formal administration and summary administration. In the former, the court names a formal representative to administer the estate; the latter case applies at least two years after the death where non-exempt assets total less than $75,000.

3. Creditor claims against an estate

One way a probate attorney assists clients in the probate process is when a creditor makes claims against the deceased's estate. In Florida, creditors must make a claim within a specific timeframe that the law indicates. If the creditor does not respect this timeframe, the claim may not be valid.

Florida probate law is complex, and the probate process can be fraught with difficulties. One way to avoid probate is to set up a comprehensive estate plan well in advance of your later years in life.

No Comments

Leave a comment
Comment Information

Request Your Free Telephone Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

This site uses Google's Invisible reCAPTCHA, which is subject to Google's Privacy Policy and Terms of Use.

${site.data.firmName}${SEMFirmNameAlt}

North Office
950 S. Winter Park Dr
Suite 290
Casselberry, FL 32707

Toll Free: 888-681-4389
Casselberry Law Office Map

South Office
BY APPOINTMENT ONLY
14115 Town Loop Blvd #300
Orlando, FL 32837

Toll Free: 888-681-4389
Orlando Law Office Map

At Korshak & Associates, P.A. we love feedback from our clients. Please take a moment and tell us how we’re doing!

Loading...