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What an executor needs to do when someone dies

If you get appointed as an executor in Florida, you will have many responsibilities once the individual dies. There’s a lot that you need to do in order to make sure that their estate gets handled properly. These are some of the things that an executor needs to take...

Appointing an estate administrator

When you prepare your last will and testament, you will normally name someone to serve as the executor of your estate. However, if you are a Florida resident and fail to do so, or if you die intestate, the probate court will appoint someone to administer your estate....

Probate and TOD accounts

The long waits and expenses associated with probate court often motivate Florida residents to seek methods for sidestepping the whole process. A transfer-on-death account presents one of those options for brokerage accounts holding stocks, bonds, and mutual fund...

Should you disclose joint assets?

The death of a family member or other loved one can be emotionally charged. In addition, Florida probate administration can be a complicated endeavor. There are situations in which a family member or other loved one might obtain full ownership to assets jointly owned...

What are non-probate assets?

Non-probate assets are properties that bypass the probate process in Florida, which includes retirement accounts like IRAs and 401(k)s. Life insurance proceeds are also non-probate assets. All properties that are held in a living trust and funds in a payable-on-death...

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