When and why would I want to avoid probate in Florida?
Probate can be necessary or appropriate in certain cases. However, these are some common disadvantages to probate. Probate in Florida can be a lengthy process which can begin as soon as a death certificate is issued or can be brought years after a death.
Because creditors are paid before beneficiaries in probate, beneficiaries usually must wait until the process of probate is over to receive their payout.
Financial costs are involved in commencing and administering a probate proceeding, including filing court fees, the fees of the Personal Representative, and the fees of the attorney administering the estate.
To consult with an experienced estate planning attorney about whether probate would be the most advantageous process by which to administer your estate, contact our office at (941) 906-1231.