Being the executor of an estate is a big responsibility. The person in this role will be required to make financial decisions and manage an estate until it has been distributed. If an estate plan is fairly simple and straightforward, it can be a little easier for a...
Estate Administration & Probate
What characteristics should an executor have?
Creating an estate plan is a good idea for any person in Miami who has wishes, assets or people they want to protect after death. However, many people don't know where to start.For some people, it can be best to begin by thinking about who you want to be in charge of...
Tips for choosing an executor
There are several important aspects to creating a fully-functioning estate plan. The creation of a will is obviously an incredibly important foundational piece of a well-rounded plan. However, it is not always the final step. Many choose to select and name an executor...
Probate administration process features several steps
The death of a loved one is understandably a stressful time for families in Florida. Not only do they have to deal with the emotional aspect of losing a loved one, but they also have to deal with the complexities of probate administration. An attorney can guide both...
What are the alternatives to formal probate? – II
In our last post, we began discussing how those who have elected not to execute an estate planning instrument designed to avoid the formal probate administration process still have options. Specifically, we examined disposition without administration, one of two...
What are the alternatives to formal probate?
As we've made clear on our blog time and time again, probate can prove to be an incredibly complex process requiring both time and money, and a significant investment of emotional energy by loved ones.While we've also discussed how the execution of certain estate...
What exactly can your heirs do with all of your unwanted stuff? – III
In today's post, we'll conclude our ongoing discussion of the steps that loved ones should consider taking when a family member passes away and leaves behind a significant amount of "stuff" that wasn't otherwise accounted for in an estate planning mechanism like a...
What exactly can your heirs do with all of your unwanted stuff? – II
In our previous post, we discussed how even though people take care to earmark certain belongings for friends and family members via estate planning mechanisms like simple wills or revocable living trusts, there's still a good chance that a fair amount of their...
What exactly can your heirs do with all of your unwanted stuff?
As much as we try to fight it or even deny it, the fact remains that the majority of us have accumulated significant belongings -- i.e., "stuff" -- over the course of our lives. Indeed, while we do our best to keep the amount of clutter under control, more often than...
What should I know about being named a personal representative?
Whether it comes as a surprise or not, being named the personal representative of the estate of a recently deceased friend or family member can be a somewhat unnerving prospect. Indeed, a person may find themselves thrust into a scenario where the terms, procedures...