Probate

Florida Probate is a process for determining how the distribution of assets, taxes, expenses, and claims are handled upon passing of a person. There is a formal administration and summary administration. The formal administration is designed to handle the estates with a value over $75,000.00, or if there is no formal will. The Court appoints a personal representative to handle to estate matters in terms of paying the creditors, selling any property, and distributing assets. Florida law requires the aid of an attorney to follow through with a probate process. An attorney represents the estate and has a duty to oversee the matters. A personal representative also has a duty to follow through with the wishes of a decent as stated in the original will. A summary administration is designed to handle estates under $75,000.00. It is a quicker process than a formal administration. Trusts are designed to avoid probate process after the demise of a grantor. If there is no formal will, the Court has the jurisdiction to decide who the beneficiaries will be and how the assets will be distributed.