It is not simply a recommendation that you find an attorney to work with for probate in Florida but it is required by law. Probate is a court-supervised legal process necessary for administering a person’s assets once they have died. Probate ensures that assets are appropriately distributed among all named beneficiaries. In 2018, Aaron D. Millman, Esq., CPA, founded The Millman Law Group to offer critical legal services to anyone navigating estate planning. As experienced professionals, we always provide quality service to our clients navigating Florida probate in Broward County and more. When possible, we also aid our clients in avoiding probate to save them time and money.
When Is Florida Probate Necessary?
Florida probate in Broward County is necessary to go through when you create your will. Your will includes written instructions for the probate judge to follow regarding who will inherit your assets that pass through probate. In fact, there are multiple kinds of probate in Florida, but the two most common are formal administration and summary administration. The type you end up using will depend on when probate is filed in relation to the decedent’s death, any debts they may have, and the value of their assets.
During the probate process, a personal representative (also known as an executor) is appointed to your estate. As part of this process, beneficiaries will receive notice of the will and are allowed to raise objections. The amount of money and time required for probate is dependent on the kind of probate needed. It is possible to use methods to avoid probate, and end up with a more efficient transfer of assets.
How Your Lawyer Can Help You Avoid Probate
Working with an estate planning lawyer from The Millman Law Group can aid you in meeting your estate planning goals in a way that saves on costs. Here are the actions you can take to avoid probate:
- Name beneficiaries of financial accounts. You may be able to avoid probate by naming the beneficiaries of your retirement plans, bank accounts, and life insurance.
- Own assets under a living trust. A living trust, also known as a living revocable trust, will act as your will since it passes along assets after death. To avoid probate, assets must be owned by the trust. Working with an estate planning attorney can help to transfer assets into a trust.
- Establish joint ownership of assists. This applies whenever people co-own a property either as spouses, joint tenants with rights of survivorship, or tenants by the entirety. Whenever the other owner dies, the surviving owner continues to maintain ownership of the property without going through probate.
You may avoid probate by guaranteeing that every financial account, asset, and the property you possess is jointly owned. This joint ownership must be between another person or owned by a trust or other current beneficiary.
Benefit From Working with Experienced Lawyers
By working alongside The Millman Law Group professionals during the probate process, your lawyer will go beyond making Florida probate in Broward County manageable—they will also help you avoid any excess costs. Your lawyer can help prevent complex situations and work to help you navigate them. This includes when someone dies without a will and their assets are “intestate.”
If you want to avoid extra expenses, disagreements, and confusion after a family member’s passing, work with a lawyer from The Millman Law Group.
Contact The Millman Law Group For Assistance with Florida Probate in Broward County
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.