Probate of Estates
Probate proceedings are the means by which your assets will be distributed to those you have designated under you Last Will and Testament, or in the absence of a Last Will and Testament, in accordance with Florida Statute.
Although the type of administration may vary the two most common are Formal Administration and Summary Administration proceedings. Formal Administration become necessary if the assets of the decedent, not including the value of their designated homestead real property, exceeds $75,000.00. Formal Administration limits the period of time that creditors have to file any valid claim against the assets of the deceased's estate to ninety (90) days.
Summary Administration may be conducted when a decedent dies with assets less than $75,000.00 and there are either no potential creditor's claims or if the decedent has been dead for more than two years. We will determine during our consultation which probate proceeding is appropriate for your needs.