Probate Estate & Trust Administration

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Probate is the legal process by which a person’s debts are paid and assets are distributed upon her or his death. Estate Administration includes the probate process as well as non-probate transfers of the deceased’s assets. Individual state laws direct the probate court on how to distribute the deceased’s estate.

Probate Estate & Trust Administration

Trust Administration Involves Managing, Directing, And Supervising The Affairs Of The Trust. State Laws And Procedures Vary Greatly, So It Is Important To Consult A Firm With Experience In These Areas Of The Law To Ensure That The Deceased’s Assets Are Distributed Correctly.

Frequently Asked Questions

What is probate, and when is it necessary?

Probate is the legal process through which a deceased person’s estate is administered and distributed according to their will or state laws if no will exists. It is necessary when a person passes away and has assets that were not transferred through other means, such as trusts or joint ownership, and requires court oversight to ensure proper distribution.

What is the difference between a will and a trust?

A will is a legal document that outlines how a person’s assets should be distributed after death and may require probate. A trust, on the other hand, allows for the management and distribution of assets during a person’s lifetime and after death without the need for probate, offering more privacy and control over how assets are handled.

What is the role of an executor or trustee in estate and trust administration?

An executor (for a will) or trustee (for a trust) is responsible for managing the estate or trust, paying debts, distributing assets to beneficiaries, and ensuring that the decedent’s wishes are followed. They are legally obligated to act in the best interest of the beneficiaries and ensure that all legal and financial matters are handled appropriately during the administration process.

We Also Offer Our Services In The Following Sectors:

Corporate Law
Transactional Law (mergers, acquisitions and joint ventures)
Real Estate Law
Banking and Private Financing
Estate Planning
Labor Relations
Co-Ownership Law

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(561) 471-9600

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1401 Forum Way Suite 720
West Palm Beach, FL 33401

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