A Common Question I am asked is: “How are the Personal Representative’s Compensation and Professional Fees Determined?”

 The Florida BAr states: “The personal representative, the attorney, and other professionals whose services may be required in administering the probate estate (such as appraisers and accountants), are entitled by law to reasonable compensation. The personal representative’s compensation is usually determined in one of five ways: (1) as set forth in the will; (2) as …

Read moreA Common Question I am asked is: “How are the Personal Representative’s Compensation and Professional Fees Determined?”

Happy St. Patricks Day

“May the road rise to meet you. May the wind be always at your back. May the sun shine warm upon your face. And rains fall soft upon your fields. And until we meet again, May God hold you in the hollow of His hand.”

A Common Question I get is ” HOW LONG DOES PROBATE TAKE? “

The Florida Bar states: “It depends on the facts of each situation; some probate administrations take longer than others. For example, the personal representative may need to sell real estate prior to settling the probate estate, or to resolve a disputed claim filed by a creditor or a lawsuit filed to challenge the validity of …

Read moreA Common Question I get is ” HOW LONG DOES PROBATE TAKE? “

A COMMOM QUESTION I GET IS “WHAT IS A PERSONAL REPRESENTATIVE, AND WHAT DOES THE PERSONAL REPRESENTATIVE DO?”

 A common question I get is “What is a Personal Representative and what does the Personal Representative do?” The Florida Bar states “The personal representative is the person, bank, or trust company appointed by the judge to be in charge of the administration of the decedent’s probate estate. In Florida, the term “personal representative” is …

Read moreA COMMOM QUESTION I GET IS “WHAT IS A PERSONAL REPRESENTATIVE, AND WHAT DOES THE PERSONAL REPRESENTATIVE DO?”

How is a probate affected if there is a Revocable Living Trust involved?

The Florida bar states: “If the decedent had established what is commonly referred to as a “Revocable Trust,” a “Living Trust” or a “Revocable Living Trust,” in certain circumstances, the trustee may be required to pay expenses of administration of the decedent’s probate estate, enforceable claims of the decedent’s creditors and any federal estate taxes …

Read moreHow is a probate affected if there is a Revocable Living Trust involved?

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