Avoiding Probate And Transferring Assets Of Small Estates
The probate process in Florida is complex and often involves lengthy delays. Small estates are no different in this regard. Especially if there is no will in place (intestate), it is important to consult an experienced probate lawyer who can help you navigate the process.
At the Law Office of Warren B. Brams, P.A., in West Palm Beach, we represent clients in small estate matters throughout South Florida. Attorney Brams will use his more than 25 years of legal experience to help you achieve your small estate objectives efficiently and effectively.
How To Claim Property Of Someone Who Has Died
Summary administration and disposition without administration are processes by which an estate under a predetermined value can be administered without the formal probate process.
In a summary administration, the gross value of the estate has to be less than $75,000. Any beneficiary or personal representative appointed in the will can petition the court for summary administration that, when granted, can allow immediate distribution of the estate’s assets.
An estate can be eligible for disposition without administration when there is only exempt property plus nonexempt property that does not exceed the cost of funeral expenses and medical expenses for the last 60 days of life. Through an informal application, small estate affidavit or letter, any interested person can request the court to approve the disposition of assets to beneficiaries.
These are two of the options available in a small estate situation. It is important to work with an experienced probate lawyer who can help you understand your options and walk you through the legal process.