Probate is the process of distributing someone’s assets after they pass away. The probate court will verify the will of the deceased individual, before overseeing the distribution of their assets. These assets can include a number of items, including bank accounts....
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Probate And Estate Law
Why probate bonds are often necessary
While being named the personal representative of someone’s estate in Florida is an honor, it comes with a lot of responsibilities. Something many do not know until assuming the role of personal representative is the need to purchase a probate bond, as well as what...
What personal representatives should know about ancillary probate
If you’re the personal representative (commonly known as executor) of a loved one’s estate, you are fortunate if they did some sound estate planning to ease the probate process or avoid it altogether. Putting larger assets in a living trust, for example, prevents them...
How is a personal representative compensated in Florida?
The responsibilities of an executor can be challenging. One has to locate the will, identify beneficiaries, communicate with them effectively, gather assets and so on. Sometimes, it is only reasonable that they are compensated for their role, whether they are a loved...