Taking The Stress Out Of Estate Planning And Probate
American households typically have $155,622 in debt on average. If such an individual dies with this debt, what happens to it? The surviving heirs and spouse typically do not inherit the debt. Rather, this is a matter for the executor and the estate of the decedent....
Anyone who believes they may have an interest in the deceased's assets may contest a will in probate court. According to the Florida State Legislature, after the testator's death, an individual may dispute an entire will's contents or a portion of it. Wills must name...
If someone names you as the executor of their will or the trustee of their trust, you become a fiduciary while serving in those capacities. What this means, as the Legal Information Institute explains, is that everything you do as a deceased person’s executor or as...
Mental health issues differ from mental competency, which reflects a need for creating a valid will in Florida. As defined by the U.S. Department of Health and Human Services, issues that may affect an individual’s mental health relate to social and emotional factors....
When someone contests a will, he or she is saying it is not valid. To do this, you must have proof to back up your claims. According to the Florida Statutes, the burden of proof lies with you when you contest a will. The court will need to see evidence that supports...