As the executor or estate administrator, there are several duties you must fulfill, including satisfying creditors, distributing assets and reporting to the court. Additionally, if someone contests the will, you will need to represent the estate.
We Can Guide You Through The Probate And Estate Administration Process
Here in Florida, there are two types of estate administration. They are:
- Summary administration: This type of estate administration applies for a decedent who has been dead for more than two years, or if the decedent’s estate is worth less than $75,000 and all of the debts have been paid.
- Formal administration: This is the most common type of estate administration in Florida. This involves settling debts with creditors and administering the estate according to the terms of the decedent’s estate plan.
Additionally, if your loved one was not a Florida resident but owned property here, such as a vacation home, that estate will have to go through “ancillary” probate according to Florida laws. You will need a lawyer who knows Florida probate law to assist you. Our attorneys will provide you with the representation you need to get through the probate process with as little added stress as possible.
Contact our law firm today at 941-366-1300 in Sarasota to speak with an experienced, compassionate lawyer about the probate process.
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If you are preparing to close a transaction, we will make it our priority to provide you with a trouble-free, confident experience. If you have run into problems with a title, we are your go-to real estate firm. If you are a landlord or business owner with real estate-related concerns, you will have counsel you can trust for practical guidance and decisive action on your side. We invite you to contact us at your earliest convenience.