OSCAR PUIG REAL ESTATE

Probate & Real Estate

 

Managing the probate process and dealing with all the problems that arise after a relative’s loss can be difficult. You’re also expected to manage these issues while grieving, it makes the experience that much harder. The support of an expert and giving yourself a head start by doing some basic research will help you manage the task more easily. We know there are plenty of tasks to complete. As a result, sometimes a little help makes all the difference in what can be an arduous process. We have the experience, 360º Support and right resources at hand to achieve a smooth process for selling your home.

- Home valuation and sales.

- Eviction Services, Board Up and Squatter Removal

- Haul Away Services – We help relieve any leftover debris or excess garbage.

- Movers and Packers – We handle the moving and packing process for you.

- Repair Vendors – We handle it. 


About Probate

WHAT IS PROBATE?

Probate is a court-supervised process for identifying and gathering the assets of a deceased person (decedent), paying the decedent’s debts and distributing the decedent’s assets to his or her beneficiaries


WHAT IS A WILL?

A will is a writing, signed by the decedent and witnesses, that meets the requirements of Florida law. In a will, the decedent can name the beneficiaries whom the decedent wants to receive the decedent’s probate assets.

WHO IS INVOLVED?

Depending upon the facts of the situation, any of the following may have a role to play in the probate administration of the decedent’s estate:

PERSONAL REPRESENTATIVE?

The personal representative is the person, bank or trust company appointed by the judge to be in charge of the administration of the decedent’s probate estate. In Florida, the term “personal representative” is used instead of such terms as “executor, executrix, administrator and administratrix.”

HOW LONG DOES PROBATE TAKE?

It depends on the facts of each situation. For example, the personal representative may need to sell real estate before settling the probate estate, or resolve a disputed claim filed by a creditor or a lawsuit filed to challenge the validity of the will. Any of these circumstances would tend to lengthen the process of administration.

REVOCABLE TRUST?

If the decedent had established what is commonly referred to as a "Revocable Trust" a “Living Trust” or a “Revocable Living Trust,” in certain circumstances, the trustee may be required to pay expenses of administration of the decedent’s probate estate, enforceable claims of the decedent’s creditors and any federal estate taxes payable from the trust assets.