When someone in your family passes away in Florida, their estate typically goes through a probate. This is a court proceeding that helps ensure proper asset distribution and debt settlement. There are also two kinds of probate in Florida: summary administration and...
Losing a loved one can leave you with difficult practical tasks at a time when you are still processing the loss. If your loved one lived outside Florida but owned property here, you may also need to gather paperwork for a Florida ancillary probate proceeding. Knowing...
Florida property can complicate an otherwise straightforward estate administration, especially when the decedent lived and probated the primary estate in another state. Ancillary probate in Florida exists to transfer and manage Florida-based assets under Florida law,...
Grief has a way of complicating everything, including family relationships. Even the most loving daughter can feel overwhelmed when estate matters pile on top of mourning. Many families discover, to their surprise, that a loved one who lived and died in another state...
Many parents worry less about leaving assets behind and more about what those assets might do once their children receive them. Adult children can be capable and independent yet still struggle with money habits, debt or inconsistent spending. Estate planning offers a...
If you own property in Florida but live in another state, your family may face a legal process called ancillary probate after you pass away. Understanding whether this applies to your situation can help you plan ahead and potentially save your loved ones time, money...
Owning property in more than one state can create unexpected legal complications for your loved ones after you pass away. Understanding how the process works can help you plan around it and prevent any issues that may come up. The basics of ancillary probate Ancillary...
Losing a loved one is never easy. If your family member passed away while owning property in more than one state, their estate administration may need to go through a secondary probate process. To help provide a better understanding of this topic, here are three key...
As a parent ages or faces health problems, questions about who should make decisions can come up. In some families, everyone agrees on what to do next. Still there are others who may ask: Can adult children disagree about guardianship, and what happens if they do?...
An executor or personal representative administers an estate. A trustee is responsible for administering a trust. Both parties must manage resources, comply with instructions in the estate planning documents and defer to state law. They must communicate with...