probate-administration

PROBATE ADMINISTRATION

Opening a probate case is necessary when the person who has passed, (called a “decedent”), owned assets in his or her name alone. If the decedent owned property without any other names on the title or on the account, then a case must be opened to distribute the assets to the rightful heirs. An exception in some states is a motor vehicle. In Florida, it can be transferred to the decedent’s heirs by providing a certified copy of a death certificate to the DMV without opening an estate case.   There are some other procedures available, which help streamline the probate process.  If the estate meets certain requirements, a small estate or a summary administration may be possible. Just ask us how!

Sometimes, assets held in more than one name still require probate administration if the assets were not held jointly, but as tenants in common. An estate will be necessary to distribute the decedent’s tenant in common share in the asset to his or her beneficiaries.

Another instance where a probate case is necessary is if the decedent had a payable-on-death account or life insurance policy and the designated beneficiary of the policy pre-deceased the decedent. Likewise, if the policy did not specify a beneficiary, a case must be opened to distribute the policy to the decedent’s beneficiaries.

For a consultation with Irama Valdes, P.A. call (786) 671-7829 or send us an e-mail. We serve all of Florida.

Hablamos Español.

START THE PROCESS

Fill out our getting started form and schedule an appointment

Recent Posts

An Amazing Three Years

About three years ago, I made one of the biggest decisions of my life. With a five-month old in tow, in the middle of complete house remodel, and an empty client list, I decided to open my own practice… and it was one of the best choices I have ever made. Not only did it…

Read more

When Should You Revise Your Will?

Congratulations!! You’ve prepared yourself and your family for the future. Creating a Last Will and Testament (preferably in conjunction with a Revocable Trust and Advanced Directives) is a huge accomplishment. But even if you already have an estate plan, you’ll want to examine these documents periodically to make sure they continue to reflect your wishes.…

Read more