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Did you know?...
Probate is a court-supervised process for identifying
and gathering the decedent's assets, paying taxes, claims and
expenses, and distributing assets to beneficiaries. The Florida
Probate Code is found in Chapters 731 through 735 of the Florida
Statutes.
This is not exclusive, but is intended to be
illustrative.
Why is Probate Necessary?
Probate is necessary to wind up the affairs the
decedent leaves behind. Florida has had probate laws in force since
becoming a state in 1845. Florida law provides for all aspects of
the probate process, but allows the decedent to make certain
decisions by leaving a valid will.
What
is a Will?
A will is a writing, signed by the decedent and
witnesses, meeting formal requirements set forth by Florida law. A
will usually designates a personal representative and names
beneficiaries to receive probate assets. A will can also do other
things, including establishing a trust and designating a trustee.
To the extent a will properly devises probate assets
and designates a personal representative, the will controls over the
automatic provisions set forth under Florida law. In the absence of
a valid will, or if the will fails in either respect, Florida law
designates the beneficiaries and designates the way to select the
personal representative.
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