Probate administration is the legal process of distributing a deceased person's assets and settling their financial affairs. When someone passes away, their estate goes through probate to ensure that debts are settled, assets are distributed, and the decedent's wishes are carried out. Our firm's Central Florida probate attorneys are well-versed in the intricacies of Florida's probate laws and can assist you in navigating the entire probate administration process, whether a will is in place or not.
Summary administration is a streamlined probate process designed for estates with a relatively low value or those that meet specific criteria. This approach offers a quicker and more straightforward resolution compared to formal administration.
To be eligible for summary administration in Florida either of the following must apply to your estate:
Formal administration is the traditional probate process used for estates that do not qualify for summary administration. This approach involves a court-appointed Personal Representative who oversees the estate's distribution, debt settlement, and other legal matters. Formal administration is necessary for estates exceeding $75,000 in value and for situations that don't meet the criteria for summary administration.
Our expert probate administration attorneys are well-versed in formal administration procedures. We can assist you in selecting a personal representative, preparing the necessary court documents, and ensuring that all legal requirements are met throughout the process.
When someone dies without a valid will, the distribution of their assets is governed by Florida's intestate succession laws. Florida' s intestate succession statutes are found in Section 732.101 - 732.106, Florida Statutes. Our team understands the complexities of these laws and can provide expert guidance to ensure that your loved one's estate is distributed according to the Florida law. We'll help you identify the rightful heirs, determine the appropriate distribution, and ensure a fair and just resolution for everyone involved.
Contact Us:
If you're faced with the complexities of probate administration anywhere in Florida and need assistance in choosing between summary and formal administration, Kracht Law Firm is here to provide the assistance and expertise you need. Reach out to us at 407-966-4554 or email Brian directly at bkracht@krachtlawfirm.com to schedule a consultation. Let us guide you toward the best approach for the administration of your loved one's estate, ensuring a respectful and efficient resolution that honors their legacy and guides you through the process every step of the way.
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