What is Probate? Probate is the court supervised process that begins after a person’s death (“decedent”) and is done for the purpose of: 1) confirming the validity of the will, if any; 2) identifying and taking possession of the assets; 3) paying the decedent’s debts, and 4) distributing the assets to the beneficiaries. References to […]
Without a will, you may be surprised who will get your property under Florida law.
In Florida, what property is inherited by your family if you die without a will (“intestate”) depends on what type of property you own at your death. Property is passed to your heirs in two ways: either outside of probate (“non-probate”), or through a court-supervised process called “probate”. Property Passing Outside of Probate: In many […]
Florida Wills : Requirements That May Impact You & Your Family
A Last Will and Testament is the document that is used to specify what will happen to your property after you die. A will is valuable to reduce confusion, stress, and conflict among surviving family members to whom property may be gifted or given upon your passing. Ideally it should clearly states your wishes for […]
Probate Is Not Always Required After the Death of a Loved One
Many have heard of the term “probate” as a court process required after someone dies. Probate may be necessary to identify and gather the assets of a decedent, pay the decedent’s debts, and distribute the decedent’s assets to the beneficiaries or heirs. However, it is not always required. If the property you own is held […]