Your Millman Law Group attorney can help you navigate Florida probate in Deerfield Beach.
Florida law requires individuals to work with an attorney during the probate process. But what is probate? It is a court-supervised legal process that administers someone’s assets after death. Probate helps ensure that every asset is distributed correctly to all beneficiaries. Aaron D. Millman, Esq., CPA, established The Millman Law Group to offer crucial services to anyone experiencing the estate planning process. As experienced legal professionals, we provide thorough services to our clients to help them navigate Florida probate in Deerfield Beach. We can also help clients avoid probate to save precious time and money.
When Is Florida Probate Necessary?
Florida probate in Deerfield Beach, FL, is critical for administering a will. Your will includes clear instructions for your probate judge regarding who is set to inherit your assets once they have passed through probate.
There are many types of probate, but the two standard types are formal and summary administration. The probate you use will depend on when probate is filed, the debts of the decedent, and the value of their assets.
A personal representative (executor) is responsible for your estate during probate. During the process, beneficiaries receive notice of the will and can raise their objections. The money and effort required for probate depends on the type of probate used. Utilizing the correct techniques makes it possible to avoid probate and experience a more efficient asset transfer.
How Your Estate Planning Attorney Helps You Avoid Florida Probate
It is always best to avoid probate when you can because of how extended and costly the process can become. When you work with an experienced estate planning attorney, they can help you meet your estate planning goals while avoiding probate and reducing expenses. How can your attorney help you avoid probate? These actions can help:
- Name beneficiaries for financial accounts. Avoid probate by naming beneficiaries to life insurance, bank accounts, and retirement plans.
- Establish joint ownership of assets. You can do this when you co-own a property. Joint ownership can be done as spouses, tenants by the entirety, or as joint tenants with rights of survivorship. When one owner dies, the surviving owner keeps their property ownership without requiring probate.
- Own assets under a living trust. A living trust, or revocable living trust, will act as your will as it can pass down assets after your death. To avoid probate, the assets must be owned by the trust. Your experienced attorney can help transfer assets into your trust.
You might also avoid probate by ensuring that every piece of property, asset, and financial account is jointly owned. The ownership must be between another person, owned by a trust, or another beneficiary.
Enjoy the Services of an Experienced Estate Planning Lawyer
You can trust that everything will go smoothly when you work with The Millman Law Group during probate. Your lawyer does more than make Florida probate in Deerfield Beach manageable – they also help you avoid substantial expenses. Your attorney can help prevent difficult situations and help you navigate any complex issues that come up. This includes cases in which a person dies without a will, leaving their assets “intestate.”
If you want to avoid extra fees, confusion, and family conflict after a loved one’s death, you can count on The Millman Law Group.
Contact The Millman Law Group For Assistance with Florida Probate in Deerfield 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.