What Is Probate

What Is 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. In general, the decedent’s assets are used first to pay the cost of the probate proceeding, then are used to pay the decedent’s outstanding debts, and the remainder is distributed to the decedent’s beneficiaries. The Florida Probate Code is found in Chapters 731 through 735 of the Florida Statutes, and the rules governing Florida probate proceedings are found in the Florida Probate Rules, Part I and Part II (Rules 5.010-5.530).

There are two types of probate administration under Florida law: formal administration and summary administration. This pamphlet will primarily discuss formal administration.

There is also a non-court supervised administration proceeding called "Disposition of Personal Property Without Administration." This type of administration applies only in limited circumstances.

Our Probate Team in Palm Beach County work with all attorneys in the area, they specialize in Probate Minimization/avoidance, Estate Planning, Wills, Probate and Revocable Trusts.

Michael’s Life Transition Team works in Palm Beach County, helping a vast range of buyer and seller types with their real estate life transition, but continue to focus on those later in life who are making very important. Many tell us it’s their last move, or have many complexities to work through as part of this type of transition, so it’s much more than to them than real estate moves they had made previously. For that, we recognize the importance of strategic planning, increased level of care, and often communication with additional family members.  We find our niche very rewarding, and find much satisfaction and happiness being able to work with our clients in such a time of need.

Michael Wisniewski and his Team, are Real Estate Life Transition Specialists working throughout the Palm Beach County and specializing in these lifestyle changes:

  • Complicated Life Changing Events Involving Real Estate

  • Estate Property Transactions

  • Trust Real Estate Transactions

  • Downsizing Senior

  • Transition in/out of Retirement Communities

  • Baby Boomers/Empty Nesters- Upsizing/Downsizing and Various Needs

  • Low Maintenance Living – Ranch/Cluster/Patio Homes

  • Relocation in/out of Palm Beach County

  • Divorce

  • Growing Families

  • First Time Home Buyers

  • Investment Opportunities

  • Successful Professionals

Michael Wisniewski

Life Transition Specialist - Probate Expert

Atlantic Home Team @ La Rosa Realty

561-234-0580

www.LifeTransitionSpecialist.com


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