{"id":10071,"date":"2022-07-01T08:45:00","date_gmt":"2022-07-01T08:45:00","guid":{"rendered":"https:\/\/juradolawfirm.com\/?p=10071"},"modified":"2022-05-31T12:42:53","modified_gmt":"2022-05-31T12:42:53","slug":"personal-representative-reimbursement-florida","status":"publish","type":"post","link":"https:\/\/juradolawfirm.com\/personal-representative-reimbursement-florida\/","title":{"rendered":"Personal Representative Reimbursement Florida – What You Should Consider"},"content":{"rendered":"\n
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In Florida’s formal administration<\/a>, the personal representative<\/a> 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 and taxes using the assets subject to probate.\u00a0<\/p>\n\n\n\n In this article, you will discover what you should consider about the reimbursement of estate-related expenses in Florida probate. <\/p>\n\n\n\n When the court designates a person to serve as a personal representative, he or she must immediately follow a set of procedures to execute the decedent’s estate with full legal compliance. <\/p>\n\n\n\n The first step is to notify any parties with an interest in the estate subject to probate, including the decedent’s creditors. If the decedent died with unpaid debts, the defaulted creditors have the right to claim the owed amount from the decedent’s estate. <\/p>\n\n\n\n Florida Statutes \u00a7733.702 specifies the statute of limitations for creditors to lay claims against an estate subject to probate. <\/p>\n\n\n\n Once the creditors have presented their claims against the decedent’s estate within the statutory period, the personal representative must pay the valid claims to the extent of the decedent’s assets and funds subject to the decedent’s debts. <\/p>\n\n\n\n Florida Statutes \u00a7733.710 (1) provides that “notwithstanding any other provision of the code, 2 years after the death of a person (…) the personal representative, if any, nor the beneficiaries shall be liable for any claim or cause of action against the decedent.” <\/p>\n\n\n\n Before using the decedent’s assets to pay a claim, the personal representative must assess the order of preference for payment, the intent of the parties, and other elements to determine whether it is a valid payment. <\/p>\n\n\n\n Florida Statutes \u00a7733.707 specifies that “the personal representative shall pay the expenses of the administration and obligations of the decedent’s estate in the following order: <\/p>\n\n\n\n Florida Statutes \u00a7733.707 (2) adds that “after paying any preceding class, if the estate is insufficient to pay all of the next succeeding class, the creditors of the latter class shall be paid ratably in proportion to their respective claims.” <\/p>\n\n\n\n While the order of preference of payment is clear, some situations may result in disputes between the personal representative and a creditor (or beneficiary) as to the amount owed for reimbursement or payment of such expense. <\/p>\n\n\n\n In such cases, consult with an expert probate attorney to identify the elements involved in your case and find an adequate solution. <\/p>\n\n\n\n A well-versed probate attorney<\/a> from Jurado & Associates, P.A.<\/a> is willing to find a solution for your case. Call us today at (305) 921-0976<\/a> or email Romy@juradolawfirm.com<\/a> for an individual assessment.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" In Florida’s formal administration, the personal representative is the individual appointed by the court…<\/p>\n","protected":false},"author":1,"featured_media":12691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"Click here to learn about personal representative reimbursement Florida. For guidance, call Jurado & Associates, P.A. at (305) 921-0976.","_seopress_robots_index":"","_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[638],"tags":[644,646,648,642,640],"taxonomy_info":{"category":[{"value":638,"label":"Probate"}],"post_tag":[{"value":644,"label":"florida probate"},{"value":646,"label":"florida probate attorney"},{"value":648,"label":"florida probate expert"},{"value":642,"label":"probate attorney in florida"},{"value":640,"label":"probate lawyer in florida"}]},"featured_image_src_large":["https:\/\/juradolawfirm.com\/wp-content\/uploads\/2022\/07\/reembolso-del-representante-personal-1024x683.png",1024,683,true],"author_info":{"display_name":"Romy Jurado","author_link":"https:\/\/juradolawfirm.com\/author\/romy\/"},"comment_info":0,"category_info":[{"term_id":638,"name":"Probate","slug":"probate","term_group":0,"term_taxonomy_id":638,"taxonomy":"category","description":"","parent":0,"count":38,"filter":"raw","cat_ID":638,"category_count":38,"category_description":"","cat_name":"Probate","category_nicename":"probate","category_parent":0}],"tag_info":[{"term_id":644,"name":"florida probate","slug":"florida-probate","term_group":0,"term_taxonomy_id":644,"taxonomy":"post_tag","description":"","parent":0,"count":17,"filter":"raw"},{"term_id":646,"name":"florida probate attorney","slug":"florida-probate-attorney","term_group":0,"term_taxonomy_id":646,"taxonomy":"post_tag","description":"","parent":0,"count":31,"filter":"raw"},{"term_id":648,"name":"florida probate expert","slug":"florida-probate-expert","term_group":0,"term_taxonomy_id":648,"taxonomy":"post_tag","description":"","parent":0,"count":12,"filter":"raw"},{"term_id":642,"name":"probate attorney in florida","slug":"probate-attorney-in-florida","term_group":0,"term_taxonomy_id":642,"taxonomy":"post_tag","description":"","parent":0,"count":29,"filter":"raw"},{"term_id":640,"name":"probate lawyer in florida","slug":"probate-lawyer-in-florida","term_group":0,"term_taxonomy_id":640,"taxonomy":"post_tag","description":"","parent":0,"count":30,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/posts\/10071"}],"collection":[{"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/comments?post=10071"}],"version-history":[{"count":0,"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/posts\/10071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/media\/12691"}],"wp:attachment":[{"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/media?parent=10071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/categories?post=10071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juradolawfirm.com\/wp-json\/wp\/v2\/tags?post=10071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Personal Representative Reimbursement Florida – Understanding the Process <\/h2>\n\n\n\n
Personal Representative Reimbursement Florida – As Provided by Law <\/h2>\n\n\n\n
Seek Professional Guidance – Immediately Contact Jurado & Associates, P.A. <\/h2>\n\n\n\n