When a person passes away in Florida, their will dictates who will inherit their assets. Some assets, such as retirement accounts, cannot be bequeathed in a will. Instead, the account passes on to whoever the owner names as a beneficiary. It is also wise to name an...
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Estate Administration
When can you contest a trust?
Trusts form an important part of Florida estate planning, and many people choose them to avoid the type of challenges commonly made against wills. However, certain circumstances do allow you to contest a trust. Mismanagement by the trustee One of the most important...
What happens to Florida residents’ debt after they die?
Death can leave a lot of unanswered questions for Florida families. The process of transferring assets and belongings can be difficult for many, especially as bill collectors come calling. There’s no easy answer to what happens to debt after someone dies. A lot of it...
How Much Does Probate Cost?
Part 1 of 5: How much are probate attorney fees? People often ask me how much does probate cost. The short answer is, it depends. There are five main types of expenses of administration: attorney compensation, personal representative compensation, other professional...
Understanding Summary Administration Of Small Estates
Summary Administration - Chapter 735 of the Florida Statutes Probate Code deals with small estates and provides two parts. Summary Administration is the probate procedure that may be used if the decedent’s will does not require formal administration in testate estate,...