Manatee County Probate Lawyer

MANATEE COUNTY PROBATE

FLORIDA PROBATE PROCEEDINGS

Florida Probate Administration is a court-supervised process for identifying and gathering a deceased Florida resident's assets, paying his or her federal income and/or estate taxes, creditor claims and expenses of administration, and distributing the decedent's assets to their beneficiaries.  


Florida Probate Estate Administration (Formal or Summary) is necessary when a Florida resident passes away owning any of the following assets: (i) bank account in his or her sole name;  (ii) life insurance policy payable to his or her estate; and (iii) real estate titled in the sole name of the decedent (unless it is homestead). 


Florida Probate Administration (Ancillary Administration) is also necessary when a non-Florida resident passes away owning real property in the state of Florida. 


When a Florida resident passes away with a Last Will and Testament the process is known as "Testate Administration."  If the Florida resident passes away without a Last Will and Testament the process is known as "Intestate Administration."  There are two distinct types of probate administration under Florida law: Formal Administration (probate assets valued in excess of $75,000) and Summary Administration (probate assets valued under $75,000).  

PROBATE TYPES

Florida Probate Proceedings:


Formal Administration probate assets valued in excess of $75,000)


Summary Administration - probate assets valued under $75,000

  

Ancillary Administration - when a non-Florida resident passes away owning real property in the state of Florida.