PROBATE: ESTATES AND TRUSTS
Probate, estates, and trusts can be puzzling, particularly when there is already a lot on your plate. Probate is the legal process of administering someone’s estate after they pass away. For dispersing property to your loved ones, every estate plan involves legal requirements and formalities. If you’re dealing with a decedent’s estate – or if you’re planning your own – you might wonder if you need a Florida probate attorney. Dealing with probate law, trusts, and estates after someone passes away can be a challenging scenario.
Disagreements over business and assets succession may emerge, your estate may pay significantly more in estate taxes, creditors may take your estate and unanticipated beneficiaries may inherit a share of your assets. Without an estate plan, questions about who will be designated as guardian of your minor children may surface. Furthermore, if you become incapable without a Financial and Health Care Power of Attorney in place, a court-appointed guardian may be required, and this guardian may not be someone you would have picked.
