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Monthly Archives: July 2021

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What Is The Time Limit For Creditors To File A Claim Against A Deceased Person’s Estate?

By Legacy Protection, LLP |

When you open a formal probate administration in Florida, it is best practice to wait distributing the decedent’s assets until after all of the debts have been determined.  For this reason, creditors have a specific time limit to file claims within a decedent’s estate. Failure to make a claim within the applicable time limit… Read More »

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Can You Reopen An Estate If New Assets Are Discovered After It’s Closed?

By Legacy Protection, LLP |

It is not uncommon for additional assets to be discovered after an estate is closed. But can you reopen an estate that was closed if new assets are discovered after the closing?  In Florida, courts may consider to re-open an asset for any assets that were hidden or not otherwise uncovered during the original… Read More »

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What Fees And Expenses Can You Expect During The Probate Process In Florida?

By Legacy Protection, LLP |

Generally, the cost of probate depends on a variety of factors, including the number and value of assets. Many people do not understand what fees and expenses they can expect during the probate process.  It’s important to understand the types of expenses than can be incurred during an administration so your Personal Representative can… Read More »

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Should You Transfer Your Homestead Into A Living Trust?

By Legacy Protection, LLP |

Many Floridians choose to set up a Living Trust as part of their estate plans. There are numerous benefits of having a Living Trust. One of the many benefits is that it helps avoid the lengthy and costly probate process. A Living Trust can be executed when the Grantor (the person who creates the… Read More »

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