Losing a parent is an emotionally distressing situation. In such cases, the last thing surviving children want is to spend hours dealing with outstanding debts. Are surviving children responsible for a deceased parent’s debt in…
If an estate is subject to probate in Florida, one of the individuals interested in the estate must file a petition for probate with the appropriate court. During probate, the court will verify whether the…
When a Florida resident dies without a will, that person died “intestate.” If there is no will to outline how the deceased’s estate must be distributed, the state’s intestacy law will dictate the settlement of…
Florida is a haven for many out-of-state individuals that want to enjoy warm weather year-round, a pro-business environment, and a favorable tax system. What happens when someone dies in Florida? How can the deceased’s heirs…
When Florida residents die, they often leave outstanding bills associated with funeral and burial expenses. Can the surviving spouse or heirs use the deceased person’s bank account to pay funeral and burial costs? Read on…
Dealing with the passing of a loved one is not an easy situation, especially if you are responsible for administering the deceased’s estate. If a person dies with outstanding debts, the heirs can only receive…
If someone dies with a will in Florida, the person in control of the document must submit it to the appropriate court within ten days of the discovery of the testator’s death. Generally, the will…
A well-structured estate plan is crucial to ensure your wishes will be carried out as you want when you are no longer alive. Florida law allows you to convey property upon death in different ways,…
Also referred to as “personal representative,” the executor is responsible for administering the estate subject to probate and properly distributing the assets to their rightful heirs. How can you choose the best possible person to…
Unfortunately, large transfers of cash or assets may trigger federal gift taxes. Depending on the condition of the person who received the gift, it may affect one’s eligibility for Medicaid benefits. In this article, you…
A quitclaim deed is a legal document used to transfer the title of a property from one person (the grantor) to another (the grantee). If the grantor is the property’s legitimate title holder, the quitclaim…
If someone dies owning assets solely in his or her name in Florida, that person’s estate might go through probate. During probate, a Florida court will identify whether the decedent’s will is valid and how…