In Florida probate, summary administration is a quicker, more simplified alternative to a formal probate proceeding.
Well-suited for smaller estates, summary probate administration is available if the value of the estate subject to probate is less than $75,000, and the decedent had no outstanding debt. The value of the homestead is in addition to the $75,000 cap; therefore, the estate may still be substantial.
Summary administration is also used in cases when the decedent has been dead for more than two years. In summary administration, a personal representative need not be appointed.
Speak with an experienced Florida attorney at our firm today.
Call 855-Kramer-Now (855-572-6376).
Does Your Estate Qualify for Florida Probate Summary Administration?
In some cases, an estate may appear to meet the requirements considered for Summary Administration; however, this may not be the practical course of action.
Such cases could involve multiple creditors, the possibility of will contests or estate disputes, the need to establish guardianships for minor beneficiaries, or missing or absent beneficiaries.
A seasoned Orlando probate lawyer at TK Law can advise you on whether an estate should be administered through Florida Probate Summary Administration or though Formal Probate Administration.
Our probate attorneys valuate the assets that are subject to probate, advise what assets and property are and are not exempt from creditor claims, advise what document are required for your probate case, and assist with the estate administration.
Call us now at 855-Kramer-Now (855-572-6376) for peace of mind, insight, and experienced guidance from attorneys with technical expertise in Florida probate law and commitment to superior handling of our clients’ estates.
How Long Does Florida Probate Summary Administration Take?
The purpose of the Summary Administration is to streamline the probate process for smaller estates. Generally speaking, on the low end, Florida probate summary administration may be completed in just 4 to 6 weeks. This is possible when the parties of the estate are readily available to sign the Summary Administration Petition. On the high end, summary administration can stretch out to four months or longer.
If the decedent died more than two years ago, the process is generally fast tracked and resolved within about four weeks.
Protecting Your Rights in Probate and Ensuring a Smooth Transition
The petition for Florida probate summary administration can be filed by anyone named in the decedent’s will as either a beneficiary or a personal representative. A Florida probate attorney with the TK Law Firm can help manage this process seamlessly.
Whether you are dealing with a complex trust or estate administration process − or your family is conflicted over what to do about the finances of a loved one who has passed – we are here to make the process more functional and to shield your interests.
In other cases, you may need to interpret a will or deal with complex probate litigation involving real estate and commercial and personal property. Call us today at 855-Kramer-Now (855-572-6376) to set up a free consultation.