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Probate:
When a loved one passes away, it becomes necessary for the family to address the deceased person’s affairs. This process often becomes time-consuming and bewildering. In some cases, family members are required to navigate the legal system through a procedure known as probate. The probate process can be emotionally taxing, protracted, and financially burdensome. Hence, it is crucial to engage the services of an attorney who can provide assistance and guidance throughout this journey.
In Florida, there are mainly two types of estate administrations: Formal Administration and Summary Administration. Summary Administration may be considered when the total value of the decedent’s assets subject to probate is $75,000.00 or less, or if the individual passed away more than two years before the filing date. However, it’s important to note that even if an estate is eligible for Summary Administration, it may not always be the most suitable option.
A Formal Administration is usually required when the assets of the deceased person exceed $75,000.00 and their passing occurred within the last two years. The choice between Formal Administration and Summary Administration depends on various factors unique to the individual decedent’s estate. It’s essential to seek guidance from an attorney well-versed in Florida probate to make an informed decision regarding which estate administration process to initiate. The duration to complete either of these estate administrations can vary based on the specific circumstances.
A probate attorney plays a crucial role in the probate process by handling the preparation of all essential documents required for either a Summary Administration or a Formal Administration. Additionally, the attorney provides invaluable guidance and support to the client, ensuring they navigate the process effectively. They take charge of managing the case, ensuring that all legal requirements are met, and assisting the client through what can often appear as a complex and overwhelming procedure.
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