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Statewide Probate FacebookE-filing will one day be as smooth and uniform among Florida’s state courts as it is in the federal court system. However, in the meantime, we ask our clients to be patient, because patience is greatly needed.
With increasing frequency, people are setting up bank accounts and investment accounts with a “designation of beneficiary” to transfer on death (TOD). Those stocks or funds do not go through probate.
Everyone has an estate plan. It’s either one they did themselves, or one done for them by the state.
Starting October 1, 2011, step-parents in Florida have even more incentive to have a Last Will.
Executors handling stocks in estates should consider stop-loss orders.
When it comes to inheritance, you only have one father or one mother.
Sometimes the executor of an Estate can ignore an old debt, because the Florida limitations period (usually four or five years, but not always) has expired. But that works both ways- an estate cannot collect on a promissory note made out to the deceased person if too many years have passed.
A common myth in Florida: in order to inherit from a parent, a child must survive the parent. In Florida that is not true.
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