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The Difference Between Revocable and Irrevocable Trusts

A living trust is an important legal tool that gives people the power to distribute their assets when they die in a way that avoids much of the complication of the probate process. Setting up a trust takes some work on the front end. It’s important that South Floridians considering this option consult an experienced Miami estate lawyer. The attorney can also help you decide between a revocable and irrevocable trust. Usually when a person dies in Florida, his or her assets are distributed in a legal process called probate administration. A judge assigned to the case will consider all […]

Understanding the Probate Process: How Does it Work?

Nov 16, 2018 - Probate by

When most people die in Florida, their assets are distributed through a legal process called probate administration. The goal of this process is to settle the estate according to the deceased person’s wishes, a task made much easier in cases where there is a will. Probate is designed as a way to gather all the deceased person’s assets, identify and pay any legitimate creditors and distribute the remaining property. At the center of the process is the personal representative, an individual or entity designated to act on behalf of the deceased person. The personal representative’s role is to administer the […]

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