The Florida Bar defines probate as the court-supervised administration of a decedent’s estate. It is a process created by state law to transfer assets from the decedent’s name to his or her beneficiaires. A personal representative is accountable to handle the estate...
Month: August 2011
A Revocable Living Trust defined
The Florida Bar does and excellent job of explaining what a revocable trust is: “A revocable trust is a document (the “trust agreement”) created by you to manage your assets during your lifetime and distribute the remaining assets after your death. The person who...