Florida law provides two types of probate – summary administration and formal administration. Summary administration is considered the fastest and most efficient form of probate, as it only requires a few weeks to complete. How…
When a Florida resident dies owning a bank account, the entity must receive notice of the account holder’s death. If the bank does not receive proper notice, the entity may assume that the deceased account…
Depending on the size and complexity of a deceased person’s estate, probate may result in a lengthy process. Can personal possessions be distributed before probate administration is over in Florida? Read on to find out. …
Estate planning decisions often involve troubled family relationships, which may lead a parent to leave a daughter out of a will. In this article, you will find out whether it is possible to leave a…
A parent’s decision to disinherit an adult child usually results in shock when the will is deemed valid in court. Depending on the circumstances, a disinherited child might be able to challenge the will. Read…
The most common form of probate in Florida is formal administration. This process starts when the court appoints a personal representative to administer the decedent’s estate. In this article, you will discover what letters of…
The last will is the core element of any solid estate plan in Florida. While you can set up different legal tools to outline how your property should be distributed upon death, writing a proper…
Probate is a court-supervised process to administer the distribution of a deceased person’s estate. Depending on various circumstances, probate may result in a time-consuming and stressful experience for your loved ones. Does estate planning avoid…
Dealing with the death of a loved one is an emotionally distressing experience, especially if you go through probate court to settle the deceased’s estate. Under Florida law, it is possible to settle smaller estates…
Settling a deceased’s estate in Florida is not an easy task, which requires fair compensation for those who use their time and effort to serve as personal representatives or executors. In this article, you will…
Florida residents are free to build estate planning strategies using different legal tools. Considering a solid estate plan must provide rapid solutions in the event of incapacitation, living trusts and powers of attorney (POAs) are…
In a trust, the trust maker (also referred to as “trustor” or “settlor”) transfers the title of assets to a trustee for the benefit of one or multiple beneficiaries. The trustee holds nominal ownership over…
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