Probate is a complicated, expensive, stressful and time-consuming process – and can be avoided! If you’re responsible for managing the affairs of a loved one in Florida, navigating the probate legal process can be overwhelming. Conducting online research and sifting through jargon often leaves individuals with more questions than answers. Fortunately, the South Florida Probate Attorneys at The Siegel Law Group know how to expedite probate in Florida – and how to avoid it completely to protect your assets and your loved ones.
The #1 Way To Expedite Probate In Florida Is To Avoid It Altogether
What Is Probate?
Probate is a legal process that occurs after an individual passes away. It involves validating and executing the deceased person’s will, or if there is no will, distributing their assets according to the laws of Florida. The primary objective of probate is to enable the orderly transfer of assets and settle any outstanding debts or claims against the estate.
The probate process can be time-consuming and expensive. However, there are things you can do to expedite the probate process.
4 Ways To Expedite Probate
1. Avoid probate by creating an estate plan.
This is the single most important thing you can do to expedite probate. An estate plan can include a will, a trust and powers of attorney. These documents will ensure that your assets are distributed according to your wishes after your death, and they will help to avoid the need for probate.
2. Create a living trust.
A living trust is a legal document that allows you to control your assets during your lifetime and after your death. When you create a living trust, you transfer ownership of your assets to the trust. This means that your assets will not go through probate after your death.
3. Own property as joint tenants with right of survivorship.
When you own property as joint tenants with right of survivorship, the surviving owner automatically inherits the property when the other owner dies. This means that the property will not go through probate.
4. Make gifts to your heirs.
You can avoid probate by giving away your assets to your heirs while you are still alive. However, there are limits on how much you can give away without incurring gift taxes.
Do You Have Questions About Probate?
Call THE South Florida Probate Attorneys – The Siegel Law Group
If you require assistance with probate or estate administration in Florida, or want to create an estate plan to avoid probate – the Siegel Law Group is a phone call away. Our knowledgeable team is ready to offer personalized legal solutions to make the process as smooth as possible. Call our office at 561-576-6206 for a complimentary consultation, or submit our online contact form to schedule a consultation today. If you have any questions, do not hesitate to contact us.