Can a Bank Release Funds Without Probate in Florida?
It is rare to find someone who dies without owning a bank account in Florida. A common question is whether the bank can release funds without probate, as the decedent’s loved ones often need the…
Can LLC Operating Agreement Avoid Probate in Florida?
Limited liability companies (LLCs) are a unique type of business structure that combines the characteristics of partnerships and corporations. As its name suggests, it offers limited liability, which explains why many Florida residents form LLCs…
Florida Elective Share Probate – Everything You Need to Know
Under Florida law, the general rule prohibits individuals from completely disinheriting their spouses. Completely removing the rights of a deceased person’s spouse may result in severe consequences. In this article, you will find out the…
Probate and Partition in Florida – What You Need to Know
When multiple individuals inherit the same property during probate, they might not have the same goals in mind. If there is no agreement between the parties on whether the property should be used or managed,…
Personal Representative Reimbursement Florida – What You Should Consider
In Florida’s formal administration, the personal representative is the individual appointed by the court to administer and execute the decedent’s estate. One of the responsibilities of the personal representative is to settle outstanding creditors’ claims…
How is Executor Fee Calculated in Florida?
Formal administration is the traditional form of probate in Florida. The appointment of a personal representative is fundamental in formal administration, as this person serves as the point of connection between the court and the…
Florida Probate Rules 2022 – Everything You Need to Know
When someone dies owning property solely in his or her name, the decedent’s property will likely go through probate. During probate, the court will verify the validity of the last will and distribute the property…
What is Exempt Property in Florida Probate?
Probate is the process by which a court verifies the validity of a deceased person’s will and decides how his or her estate should be distributed. Depending on the circumstances of each case, probate may…