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If you accepted the responsibility of being someone’s named personal representative, it is important to try and carry out the job effectively and efficiently. One thing that could make this much harder is having a beneficiary file a legal challenge against you over...
Estate planning often revolves around physical assets, financial assets and other tangible goods. You may be leaving behind bank accounts, businesses, homes, vehicles, home furnishings and retirement savings. Digital assets are also growing fairly common these days....
Estate administration requires months of commitment. Executives or personal representatives have to manage, sell or distribute estate resources. They carry out the testator's last wishes as outlined in an estate plan. Other times, they must defer to intestate...
People sometimes think that a will reading is a necessary part of the probate process. At the beginning of probate, heirs and beneficiaries sit down in a room with the deceased’s lawyer, who reads the will to them and informs them of what they should expect as an...
When a loved one passes away, there are many arrangements that have to be made. There are also tasks that must be completed. One of these tasks might be going through the probate process. Probate in Florida can be overwhelming, both emotionally and financially. In...
Ancillary probate is an additional probate process required when someone dies owning real estate or property in Florida while living elsewhere. This secondary probate proceeding occurs because the probate court in your home state lacks legal jurisdiction over Florida...
There are many myths and misconceptions surrounding estate planning. These cause many people to delay it or put it off altogether. The fact is that estate planning is one of the most important steps you can take to protect your family and assets. The most effective...
Estate planning was once a topic largely associated with retirees and the wealthy. However, it is now increasingly becoming relevant to younger generations. Yet, despite its growing importance, many millennials are struggling to engage with estate planning. This...
Losing a loved one is never easy, and sorting through their affairs afterward can feel overwhelming. In Florida, the probate process helps settle a loved one’s estate, including any unpaid debts they may have left behind. From credit card balances to medical bills,...
When someone passes away, even if it was an expected passing and they made some plans in advance, there’s certainly a chance that they’re still going to have different outstanding debts. These could result in creditor claims against the estate as various creditors try...