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A loved one just passed away and you are bombarded with issues. What do I do now? What type of funeral arrangements do I follow? How do I go about paying debts and taxes for my loved one? Did he or she have a will or a trust? I heard about probate, but what is probate and do I need to go through a probate process?
First of all, our condolences to you and your family. Second, you came to the right place for help. We will take you by your hands and answer all questions about Florida Probate, whether you need one, how much it costs, and how long it takes to finalize it. When you download and read my free report about Probate, you will become more familiar with the process and will be put at ease.
Probate is the process by which the affairs, debts, claims, and expenses, of a deceased person are wound up before distributing any assets to a beneficiary. In a nutshell, Probate is an administrative process that ensures that these claims, debts and expenses, whether known or unknown, are paid before distributing assets to the heirs. That process consists of submitting the original will to the court, making publications so all creditors come forward and present their claims, gathering assets, preparing inventories and accountings, and finally distributing assets of the decedent to the heirs.
Depending on the value of the assets or the length of time a decedent has been dead, there could be a summary administration or a formal administration. Also, depending on whether an out-of-state resident-owned property in Florida, there could be an ancillary administration.
This report aims at answering the most basic questions about Florida Probate in an easy-to-read format.
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