Probate Trust and Administration
PROBATE AND TRUST ADMINISTRATION
We realize that the loss of a loved one is a painful aspect of the life cycle. During their time of mourning, family members and loved ones do not have to think about the difficulties of the probate process. At The Law Office of John Vernon Moore, we provide professional and efficient services to both the Personal Representatives and Beneficiaries during this difficult time.
What are the different types of Florida Estate Administrations?
When an individual dies, his or her estate must be settled or liquidated. The assets are either sold or distributed in the process. This mechanism is known as estate administration. It is your responsibility to handle this whole process as a personal representative or as an estate executor.
There are two forms of estate administration that arise when someone dies:
- Trust Administrations
- Probate Administrations
- Trust Administration
An entity generally formed by the deceased during the lifetime is a trust. Usually, for the beneficiaries, a trust owns and manages the property. The trust document specifically mentions how the said property should be handled and distributed. Trust administration is the same as the administration of an estate. You are expected to define, determine the value, and safeguard the trust property as a trustee. In addition, as per the terms specified in the governing documents, you will also have to manage the trust property and make disbursements. If there is any wrongdoing on your side, you will be found responsible and liable for any financial or property damages.
We oversee the management of trust assets for the benefit of one or more third-party beneficiaries.
We help clients every step of the way. Our probate administrative services include:
- Help them prove in court that a deceased person’s will is valid
- Identifying the deceased person’s property
- Appraisal of the property
- Supervising and arranging the estate’s debts and taxes
- The distribution of property as directed by a will
- The transfer of title and ownership of assets to the proper beneficiaries
- Contact our Law Office for Florida Probate and Trust Administration
For more information or to schedule a consultation, please get in touch with us at the Law Office of John Vernon Moore.
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