You open the letter with trembling hands. It’s a notice from the probate court, informing you that a portion of the inheritance your loved one left you will be drained away to pay administrative fees. By the time the court finishes tallying executor charges
The estate tax is a tax imposed on the transfer of property from a deceased person to their heirs. Only the largest estates end up paying the estate tax, as there is a substantial exemption that allows a certain amount of assets to be passed tax-free. For 2024, the
Estate administration can be a complex process, especially when an estate includes property in multiple states. In Florida, administration rules vary depending on whether the deceased left a valid will (testate administration) or died without a will (intestate administration). Navigating these legal complexities requires working with an experienced estate planning attorney in Miami who understands
Contesting or disputing a will is a complex legal process that should only be pursued with the help of an experienced probate litigation attorney. There are specific grounds and procedures for challenging the validity of a will during probate, which varies by state. This article provides
The prevalence of digital assets and online accounts has increased exponentially in recent years. From social media to online banking, most people have some form of digital footprint. This can cause complications when a person passes away if the proper estate planning is not in place. During probate
When a person passes away, their estate goes through a legal process called probate. This involves validating the will, inventorying assets, paying debts and taxes, and distributing property to the heirs. The executor appointed in the will handles probate and they carry out the decedent’s wishes. Choosing a reliable executor is crucial, as they
The probate process is a complex and often misunderstood aspect of the legal world, causing many people to question whether or not they need to hire a probate lawyer in Florida. Probate is the official way that an estate is settled under the supervision of the court. A person, usually
Estate planning is an important process for Florida residents to undertake. A solid estate plan ensures your wishes are carried out and provides protection for your loved ones after you pass away. While every estate plan is unique, most follow a similar series of steps from start to
Losing someone you love is difficult enough without the added stress of dealing with who gets their property, assets, and other potentially valuable items. You may also worry about the legal fees eating up the estate’s assets. This guide
Losing a loved one is devastating. On top of going through the grieving process, you now have the responsibility of handling your loved one’s estate and probate. Probate can become a tricky process that requires a lot of proper documentation to make sure you receive the assets you are owed