Probate Administration Throughout The State Of Florida

Probate Administration throughout
the State of Florida

Summary Administration

Summary administration is a simplified probate process in Florida for estates valued at $75,000 or less, or when the decedent has been deceased for over two years. It offers a faster, less costly alternative to formal probate, allowing beneficiaries quicker access to assets. The process also limits claims against the estate after two years. While it’s less complex, legal guidance is still recommended to ensure eligibility and compliance with Florida laws.

Formal Administration

Formal administration is the probate process for estates over $75,000 or when the decedent passed away within two years. It applies to assets solely owned by the decedent, such as bank accounts, real estate, and retirement accounts without beneficiaries. The process involves appointing a personal representative, notifying creditors, and distributing assets to beneficiaries. Formal administration typically takes 4 to 6 months but can last longer depending on the estate’s complexity and any disputes.

Ancillary Administration

At Michael R. Fried, P.A., we specialize in Florida ancillary probate, helping non-residents settle estates involving Florida property. Ancillary probate is required when a decedent owns assets in Florida but lives in another state or country. A personal representative must be appointed to manage the Florida assets, either as specified in the will or chosen if the original representative is unqualified. While many cases are straightforward, contested matters may require more time and court involvement.

Probate related to Real Property Sales (target Realtors and Title Companies)

At Michael R. Fried, P.A., we specialize in probate law related to real estate transactions, helping professionals navigate complex and time-sensitive probate cases. Our expertise ensures smooth property transfers or sales, minimizing delays in closing. We provide clear communication and legal support to realtors, title companies, executors, and heirs, helping with court approvals, resolving title issues, and expediting probate processes. Let us streamline your probate-related real estate transactions with efficiency and expertise.