When thinking about the future and what to write in your will, you may want to seriously consider who you choose as your executor. This person will need a personality and set of skills that can deal with the difficulties of managing debts and assets, along with other...
Probate and Estate Administration
Will your family make it through probate?
Drafting a will may feel morbid, but when it comes to taking care of your family, it is necessary. Otherwise, your estate may fall into the court's hands. Even with a proper will, does your family have the financial resources to wait for its disposition? Probate is a...
Is this an example of undue influence?
Matters of the estate often bring up conflict due to the involvement of large amounts of assets. In fact, some people may try to take matters into their own hands and get more of an estate than the grantor wanted them to have. They may do so through methods of...
Can you protect your parents from undue influence?
If your parents live in a nursing home or another long-term care facility, you undoubtedly recognize the importance of keeping close tabs on them. After all, because of staffing shortages, nursing homes sometimes fail to meet the needs of their residents. In addition...
Will a family member make a good executor?
When choosing an executor for your estate, you will likely look toward those closest to you first. For many people, perhaps including yourself, this list will often include or even entirely consist of relatives. But are relatives your best bet when it comes to an...
Can you face lawsuits for mismanaging an estate?
When someone names you the executor over his or her Florida estate, you may feel both honored and stressed about the responsibility that comes with the title. Serving as someone’s executor takes time and effort. You also need to be sure to cover all your bases when...
How may titles on properties and assets affect probate?
Properties of deceased individuals in Florida generally require probate so that the court may legally transfer ownership to heirs. Even without a will, however, an individual that you listed as a beneficiary on a title, deed or contract may forgo probate, as noted on...
Should I choose co-executors to manage my estate?
The task of administering your estate following your death is an important job. You want your heirs to receive their inheritance without any delays, but you worry that your executor might not be up to the task. Some families decide that picking co-executors to oversee...
Ancillary probate: How to reduce costs for your family
Do you live in a Florida home for part of the year but have residency in another state? If so, the administration of your estate may become expensive and complex upon your death. Family members and your personal representative might have to pay additional fees and...
Why is time important for an executor?
As you choose someone to be the executor of your estate, you probably are thinking of the various qualities your pick should have. People want their executors to be loyal, ready to carry out their wishes, and also capable of handling the tasks of the position. In...
