Probate administration is the legal process of managing a deceased person's estate, settling their financial affairs, and distributing their assets. This court-supervised process involves several steps, including:
Validating a will (if one exists).
Appointing a personal representative (executor) to oversee the estate.
Identifying and inventorying all assets and property.
Paying debts, taxes, and other expenses.
Distributing the remaining assets to the rightful heirs and beneficiaries.
Trust administration is the complex process of managing and distributing the assets held within a trust after the trust's creator (the "settlor") has passed away or become incapacitated. The individual or entity named as the trustee is legally responsible for fulfilling the terms of the trust agreement. This includes a wide range of duties, such as:
Taking inventory of all trust assets.
Managing and investing the trust's property prudently.
Paying debts, taxes, and other expenses.
Communicating with and keeping beneficiaries informed.
Distributing assets to beneficiaries according to the trust's instructions.
We assist businesses, individuals, attorneys, and other creditors in navigating Florida probate law to protect their interests when a debtor passes away. Our firm specializes in filing and pursuing creditor claims against a decedent's estate to ensure timely repayment. We also help creditors concerned about a will's validity or estate administration by filing a caveat, a legal notice that prevents the estate from being finalized without the creditor's knowledge. This is a critical tool for protecting a creditor's rights, especially when there's a risk of improper asset distribution. Our goal is to secure our clients' financial interests through diligent representation and a thorough understanding of Florida's probate rules.