For family members, losing a loved one may be a trying moment. If the departed did not have a legally binding will or trust to divide their estate, things get much more difficult. This frequently leads to arguments among family members and might get complicated legally. Reducing these problems may be achieved by hiring the top probate lawyer. The procedure by which the courts settle a deceased person’s estate and make sure all debts are paid and assets are given to the rightful recipients is known as probate. It may also provide a chance for family members to reconcile with their loss and any resentment that may have surfaced over the mourning process. To make the procedure as simple and stress-free as possible, a Fort Lauderdale probate lawyer can assist you.
Davis & Associates Attorneys at Law is a Fort Lauderdale probate attorney available for your needs. The business handles a wide range of legal concerns, including estate administration and probate, and it services customers in Hollywood and Fort Lauderdale. The group helps people create a living trust and final will and testament as part of the process of creating a thorough estate plan. To ensure the smooth transfer of assets upon death, they can also prepare advance health care directives and powers of attorney.
Personal representatives may be accountable for any errors committed throughout the probate procedure. This is due to their fiduciary obligation to the beneficiaries and heirs of the estate. They risk being accused of breaching their fiduciary duties if they don’t fulfill this duty. They could have to use their own assets or their portion of the estate to cover damages, depending on the type of mistake that occurred. Click here for more details.
Any income, assets, or properties owing by another party must be paid by the estate of the deceased. This can include individual retirement accounts that are receivable to the estate of the deceased as well as bank accounts, investment accounts, and life insurance policies. In addition, it is imperative to discharge any outstanding tax obligations of the deceased. This can include local real estate property taxes in addition to federal and state taxes. These expensive mistakes may be avoided by working with a Fort Lauderdale probate attorney with expertise.
In Fort Lauderdale, Schneider Law, LLC offers probate and estate preparation services. The company can help people get copies of death certificates, find a will, find assets that are possessed, and submit an administration petition. It can also offer advice on beneficiary designations and revocable living trusts.
In the Hollywood region, Circle of Life Legal Services, PA assists people with their probate needs. Its lawyers may help with the distribution of assets, paying off bills and taxes, and issuing testamentary letters. They can also offer guidance on other methods for probate administration, including summary and supplementary administration. Additionally, they may assist with final wills and testaments, revocable living trusts, and revocable trusts.