Probate & Trust Administration
Probate is a legal process provided by Florida Law which determines the value of a deceased person’s estate, distribution of assets to beneficiaries, payment of creditors’ claims and the legal transfer of ownership of real estate and other property with recorded ownership.
One of your planning goals may be to avoid probate, maintaining your privacy and/or minimize estate taxes. These legal documents are tailored to meet your needs so that you can achieve your planning goals:
Last Will & Testament
This document identifies who will inherit an individual's assets and who will be responsible for distributing the assets to the beneficiaries. A Will can also be used to appoint a trustee to manage a child's money until he/she is old enough to handle it themselves, should anything happen to a parent.
Revocable Trust (Living Trust)
This estate planning tool is used when appropriate for the management of your assets and investments during your incapacity.
When you meet with us, you will have an understanding of the different types of probate methods the Court uses and how your Will or revocable trust ensures that your assets can be distributed to your loved ones, charities, or other organizations you designate.
If your deceased client or family member’s primary domicile was outside of Florida and they owned real estate or other tangible property in Florida, a Florida probate will be necessary. It is called an “ancillary probate”. When you meet with us, we will counsel you on which type of ancillary probate is appropriate to distribute the asset to the beneficiary.