Simplified Probate There is a simplified probate process, also known as Summary Administration in the state of Florida. If the value of the decedent’s estate is less than $75,000, it could qualify forSummary Administration. The total amount of the estate does not include the value of the ...
Each state has the option to adopt or amend the UTMA for its residents.1For example, South Carolina has not adopted the UTMA for its citizens, and Florida passed a statute in 2015 that allows anypropertyto be held by the UTMA custodian until the minor is 25, if desired.5 Any earnings ...
The divorce papers may be returned to the person seeking the divorce. In this case it is the petitioner (who started the process) who must file the constable’s document at the court probate office.Ask for Temporary JudgmentsTemporary orders are requests for immediate action, sought at the tim...
We’ll communicate and work with you on what’s needed for handling our deceased client's specific banking relationship. Based on the complexity of the case, a case manager may contact you directly. We'll gather any documents needed
How Does a Land Trust Work? Land trusts work like other trusts, allowing grantors to set unique terms and conditions that fit their needs. Land trusts have three key parts—the grantor, trustee, and beneficiary. Grantors create the trust and transfer the property into it, trustees manage the...
How much does it cost to start an LLC in Arizona? How long does it take to get an LLC in Arizona? Here are the steps to forming an LLC in Arizona 1. Search your LLC Name 2. Choose an Arizona Registered Agent 3. File Arizona LLC Articles of Organization 4. Complete the LLC Publicat...
If you are the creator, a co-trustee, or a beneficiary of a family trust and you believe a trustee is not acting properly, there are ways to go about removing or replacing a trustee.
This option really should be a last resort because assets (property, 401(k), investments) must go through the probate process before they are accessible. For that reason, there will be a substantial amount of time between the date of death and when you’ll have the cash in hand to pay ...
Naming your children as the policy’s beneficiaries may seem logical. However, if your beneficiary is a minor at the time of your death, the insurance provider may not pay out the benefit to the minor. Instead, the matter may head to a probate court that will determine a guardian. ...
This option really should be a last resort because assets (property, 401(k), investments) must go through the probate process before they are accessible. For that reason, there will be a substantial amount of time between the date of death and when you’ll have the cash in hand to pay ...