The personal representative of an estate has to wear many hats. They have to communicate professionally with various different parties. They have to manage estate resources and settle financial accounts. It is their responsibility to fulfill the obligations of the...
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Probate Administration
When to anticipate ancillary probate in Florida
Following the loss of a loved one, it’s crucial to embark on probate administration as soon as possible. However, knowing which probate procedure will take effect can be confusing if the deceased had assets across state lines. In such scenarios, ancillary probate is...
Avoiding potential pitfalls of probate administration
Losing your loved ones is a deeply emotional experience. In the midst of grief, dealing with legal matters like probate administration can feel overwhelming. Probate, the legal process of distributing a deceased person's assets, isn’t always a straightforward process....
What happens if you inherit property with a sibling?
Parents usually try to be as fair as possible to their children, even once those children become adults. It isn’t unusual for them to leave their homes to their adult children in equal shares. For parents, this can be a great plan. For the siblings that inherit, this...
What is ancillary probate?
Are you a confirmed “snowbird” who flies south to Florida every year? Do you have property in more than one state? If so, you may need to prepare your executor, heirs and beneficiaries for the ancillary probate process. You can only have one home state Even if you...
More than high-value assets can cause estate disputes
When many people are creating their estate plans, they are conscious of high-value assets. They know that these can cause estate disputes because they are so valuable. The heirs and beneficiaries may expect these assets to be divided evenly, and a dispute could start...
4 things that can delay probate
When a will goes to probate, it can take a long time before the distribution of assets starts. The probate process in Florida involves filing forms and documents with the court, and at times, this can be time-consuming. Unfortunately, other factors may make the...
How long does probate take in Florida?
Probate is the court-controlled process of validating a will and administering the testator’s estate before apportioning each heir their portion. Usually, the beneficiaries must wait until the entire probate process concludes to get legal ownership of their...
What does it mean to be an executor?
When a loved one dies, someone has to take on the responsibility of handling their estate. This role is known as the executor. It can be daunting, but it's important to understand what it means to be an executor and your responsibilities. The attributes of a good...
What executors need to know if they’re tasked with selling a home
People often discover as they’re discussing their estate plan with loved ones that no one wants to inherit their home. Therefore, they often designate that the home be sold and the proceeds returned to their estate for distribution to their beneficiaries. If you’re...