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Probate and Trust Administration

Friday, August 20, 2021

What Causes Delays in Probate Proceedings?


Following in the wake of a loved one’s death, probate is an often dreaded process. The court supervised process of administering and distributing a person’s estate, probate is notoriously complicated, as well as time-consuming and expensive. Beneficiaries of the estate must wait until the personal representative of the estate has managed and inventoried all estate assets, notified and paid all creditors of the estate, and other tasks before estate assets can be cleared for distribution.
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Monday, July 19, 2021

What Goes on During Probate?


Have you heard of probate? It is the court-supervised process that involves the gathering, management, and distribution of a deceased individual’s assets. As you may have heard that many people look for ways to try and avoid probate because it has come to be known as costly and time consuming, you may be curious as to what is actually involved in the probate process. We will talk about that in more detail here.
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Friday, February 26, 2021

What Happens If I Die Without a Will?


A will is often a central feature of a strong estate plan. While many people may think of a will as something where you set forth who you want to leave your assets and other property to when you pass away, it can be so much more. When you die without having a valid will in place, your heirs and estate can miss out on many valuable opportunities that you may have wanted for them.
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Wednesday, September 16, 2020

What Is Trust Administration?


If you have established an estate plan, been involved in the probate process, or started researching either of these things, you have probably heard of estate administration. Fewer people, however, have heard of trust administration. It is, however, an important thing to be aware of. This is especially true considering there is a common misconception that trusts do not require follow up attention after the settlor of the trust passes on. People tend to think transfers and other trust affairs happen automatically.


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Monday, November 18, 2019

Why Would You Want to Estate Plan to Avoid Probate?


Probate, the court-overseen process of settling the estate of a deceased individual, has become something people are always talking about avoiding. Probate, among many other things, involves the gathering of assets and the distribution of property from a decedent’s estate to his or her heirs. It is also the time when any creditors of the estate are paid. Unfortunately, like many things involving the legal system, there are drawbacks to probate. So many drawbacks, in fact, that more and more people are looking for ways to avoid the process either partially or altogether.
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Wednesday, September 18, 2019

Common Causes of Probate Delays


There is a reason so many seek to avoid or limit probate proceedings when they are estate planning. For starters, probate can be expensive. Also, probate can drag on for quite some time.
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Friday, September 13, 2019

Contesting a Will


There are many reasons why the validity of a will may be challenged. In most cases, however, a family member may feel that he or she has been wrongfully cut out of a will or that the contents of the will do not appear to accurately reflect what they thought would be in there. Whatever the reason, there are several grounds upon which a person may bring a challenge to a will.
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Tuesday, July 16, 2019

Funding Your Trust


What does it mean to fund your trust?

Revocable living trusts have become a preferred estate planning tool for Americans across the country. Trusts offer many advantages over wills, allowing the trust creator’s assets to pass to their named beneficiaries without the need for probate. Trusts can save your loved ones in tax implications, time, and stress. For a trust to function correctly upon your death, however, you will need to do more than just sign the trust document. A trust should be properly funded so that your assets will correctly transfer upon death.
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Tuesday, June 5, 2018

Who Should I Name As Trustee?

What factors should I look for when naming a trustee?

Selecting a trustee for your trust is one of the most important decisions you will make when you embark on your estate planning journey. Your named trustee will be responsible for transferring assets within the trust to the beneficiaries or continuing to manage your trust after your death. A trustee’s role can be complicated and may last for several years. Our


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Monday, February 12, 2018

The Costs of Probate in Florida

How can I reduce the expense of probate?

If you pass away in the state of Florida, your assets will likely need to go through probate.  Probate is the court-administered process through which the validity of a will is established, assets are located, expenses settled, and the remaining proceeds distributed to the heirs.  The value of the estate will determine, in part, the costs of probate in Florida.


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Monday, October 30, 2017

The Advantages of a Trust vs. a Will

How can I avoid probate in Florida?

Wills and trusts both allow you to name beneficiaries who will receive your assets in the event of your death.  While wills and trusts share some of the same functions, there are several advantages of a trust as opposed to a will.  If you are setting out creating your estate plan, it is important that you carefully consider the potential estate planning tools available to you.
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