One of the most mysterious processes is probate. While it is a familiar term to many, it is not necessarily understood.When someone dies, whether there is a will or not, most states require the will go through probate court. While the process can take time, it does...
Year: 2019
Probate versus trust administration
Having a proper estate plan in place is vital, even for parties with limited assets. People work hard to establish their assets, and therefore have the right to determine what happens to those assets when they are gone.A proper estate plan must have an instrument in...
Who ranks as an interested person or beneficiary in Florida probate?
Perhaps a close relative of yours recently passed away, and his estate must now go through the probate process.You are a beneficiary in the will. You have heard the term “interested person” in connection with probate, but what does this mean? ...
How to remove the administrator of an estate
When a loved one passes away, the aftermath can be confusing and stressful. The probate process can leave you feeling uneasy and impatient. If you do not approve of how the personal representative handles the estate, you may wonder if it is possible to have the...
How long does probate last in Florida?
It is a widespread belief that probate essentially takes forever to complete. But is this true? The truth is that the duration of the probate process depends on a variety of factors, including whether there is a will, the complexity of the assets, the number of...
3 examples of probate disputes
The probate process can be a trying experience for anyone involved. Not only are you grappling with the grief over your lost loved one, but tensions can build as family members disagree over the handling of the estate.Probate disputes can drag out the length of time...
The importance of identifying probate and non-probate assets
Estate planning in Florida is a vital form of financial planning for controlling the transfer of property and wealth within families. In this day and age, one cannot rely on verbal promises when death or incapacitation occurs. Grief has a way of bringing out negative...
A Florida guardian’s most important role
Part of having a good retirement involves creating a good estate plan to divide all of your assets. ABC Action News in Bradenton, Florida, recently ran a story about the importance of having such an estate plan so that people can sell their homes and avoid...
Understanding the different types of deeds
Whether you are looking to purchase or sell property, a deed is an essential part of the process. In short, it certifies that the party looking to make a transaction with the property has the right to do so. There are different types of deeds, and depending upon what...
Is it a good idea to update your estate plan?
Many people who create an estate plan consider it a one-and-done task. But as lives change - as children are born, as new marriages happen, as loved ones pass away - it often becomes necessary to update estate planning documents. When a loved one diesAfter a...
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