Your Millman Law Group lawyer can help you navigate Florida probate in Delray Beach.
Consulting with an attorney for probate in Florida is not only advised but required. Probate is a court-supervised legal process essential for verifying and administering a person’s assets once they have died. Florida probate guarantees that assets are correctly distributed to all chosen beneficiaries. The Millman Law Group, founded in 2018 by Aaron D. Millman, Esq., CPA, is here to help individuals through Florida probate in Delray Beach. Our team of experienced attorneys advocates for our clients and provides consistent, patient, and professional services everyone deserves. We help people navigate the probate process and, whenever possible, help them avoid probate to save time and money while transferring asset ownership.
When Is Florida Probate Required?
When you create a will, you must undergo Florida probate in Delray Beach. In fact, your will provides written instructions to a probate judge regarding who inherits the assets that are to be probated. There are a handful of types of Florida probate, with the two most common being formal administration and summary administration. The type of probate you use depends on when the probate is filed in relation to the decedent’s death, the value of their assets, and their debts.
An executor or personal representative is appointed to the estate during the probate process. The beneficiaries receive notice of the will and are provided a chance to raise formal objections. The time and legal fees required for the probate process depend on the type of probate required. However, there are ways in which you can avoid probate and enjoy a more efficient asset transfer.
How You Can Avoid Probate with the Help of Your Estate Planning Lawyer
The help of an estate planning lawyer from The Millman Law Group can be essential for helping you meet your planning goals in the most cost-effective way possible. An estate can avoid probate by taking the following actions:
- Own assets under a living trust. Your living trust, or living revocable trust, is like a will because it helps pass along your assets after your death. However, the assets need to be owned by the trust to avoid probate. Your estate planning lawyer can help you transfer assets into your trust.
- Name beneficiaries of financial accounts. To avoid unnecessary probate, it’s common to name beneficiaries to your life insurance, retirement plans, and bank accounts.
- Establish joint ownership of assets. When you co-own a property as a spouse, tenants by the entirety, or as joint tenants with rights of survivorship, when one of the owners dies, the surviving owner will continue to own the property without needing probate.
You can ultimately avoid probate by ensuring that every financial account, property, and other assets you own are either jointly owned by another person, by a trust, or has a current beneficiary associated with it.
The Advantages of Working with Skilled Lawyers
When you work with The Millman Law Group during your Florida probate process, your lawyer will not only make Florida probate in Delray Beach manageable but can help you avoid all excess costs. Your lawyer is also helpful in navigating complex situations, such as when someone dies without a will and their assets are “intestate.”
If you wish to avoid excess costs, disagreements, and confusion after a family member’s death, work with The Millman Law Group.
Contact The Millman Law Group For Assistance with Florida Probate in Delray Beach
Millman Law Group, PLLC is one of the only law firms that offers life planning in South Florida. From life care planning to the preparation of detailed estate plans, Millman Law Group has committed to serving Floridian elderly communities in Boca Raton, Palm Beach County, Ocean Ridge, Hillsboro Beach, and many other areas since 2018. Our dedicated team specializes in special needs trusts and catering to any age demographic because we know that it’s never too early to start preparing for your future. For the latest news in estate planning and elder care law, follow us on Facebook, Twitter, LinkedIn, and Pinterest. You can also contact us at 561-463-6480.