February 25, 2014 (Press-News.org) The probate process in Florida need not be complicated or overwhelming
Article provided by The Law Office of Silverman, Vorhis & Mack
Visit us at http://www.flstatewideprobate.com
When a loved one dies, surviving family members are often overwhelmed with all that must be done. Not only are they mourning the loss of their loved one, they often must deal with legal documents, debt collectors, family disagreements and the probate process.
Probating an estate in Florida can seem complicated to those who are unfamiliar with the process. However, with professional help and a little bit of knowledge, you and your family will get through the proceedings and be able to concentrate on what matters most: family, friends and facing the future.
Aspects of probate
The probate process in Florida may be necessary whether or not the decedent had a will. While his or her will may designate who is to receive particular assets, many additional steps are also necessary, such as:
Getting the will admitted to probate
Getting a personal representative appointed to act on behalf of the deceased
-Locating and obtaining values for estate assets
-Dispersing personal items to family and friends
-Notifying creditors and settling debts
-Paying taxes, funeral costs and probate expenses
It is important to know what your responsibilities and options are when a loved one passes away.
Types of Florida probate processes
In Florida, there are a few different options available for probating a loved one's estate. The form of probate most appropriate depends on the value of the estate, the amount of outstanding debt and the location of the property.
-Formal: The formal -- or regular -- probate process is most common and is used for estates that do not fit into the requirements for a different type of process listed below.
-Summary: Summary probate proceedings are faster and less costly than the formal process because it is an abbreviated probate proceeding. Summary administration may be used if the deceased person died more than two years ago or if the decedent has no debts and his or her assets total less than $75,000.
-Ancillary: When a non-Florida resident dies while owning property or other assets in Florida, ancillary administration is usually necessary. This frequently arises with vacation property owned by someone who resides out-of-state.
-Disposition of personal property without administration: This process is used only in very limited circumstances when the decedent has no debts and very little assets.
Consult a Florida lawyer
Dealing with the death of a loved one is very difficult and the probate process can seem quite long and complicated. During these trying times, consult an experienced probate lawyer who can guide you through the process.
The probate process in Florida need not be complicated or overwhelming
Probating an estate in Florida can seem complicated and overwhelming to those unfamiliar with the process. Consult a lawyer to find out which procedure works best for your situation.
2014-02-25
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[Press-News.org] The probate process in Florida need not be complicated or overwhelmingProbating an estate in Florida can seem complicated and overwhelming to those unfamiliar with the process. Consult a lawyer to find out which procedure works best for your situation.