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In this case, your cost will be quite a bit higher than if you go through probate. On the positive side, revocable living trusts were developed to help avoid probate. Your property is held in ...
The Florida Supreme Court building. The Supreme Court of Florida is the highest court in the U.S. state of Florida.The Supreme Court consists of seven judges: the Chief Justice and six Justices who are appointed by the Governor to 6-year terms and remain in office if retained in a general election near the end of each term. [2]
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.
A probate court (sometimes called a surrogate court) is a court that has competence in a jurisdiction to deal with matters of probate and the administration of estates. [1] In some jurisdictions, such courts may be referred to as orphans' courts [ 2 ] or courts of ordinary.
The amount of time it takes to go through probate depends on the complexity of the estate. But Trust & Will , an online estate-planning service, puts the average time to complete probate at 20 months.
Now, he must decide what, if anything, to leave out of it. He has done the homework for you: Here are five things to consider as you structure your living trust. Probate explained: Best not go there
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