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Marty Elberg - Probate and Trust Administration Attorney Service in Florida
Marty Elberg - Probate and Trust Administration Attorney Service in Florida
The entire process of trust administration and probate is very complex. It has a
typical lengthy paperwork process regarding financial accounts, retirement plans,
and insurance policies along with property. Paying concerned attention to the
designated beneficiaries and how they will manage the assets is very important at
that time.
If there is no will or trust, the assets entitled to the inheritor will be taken care of
by the state with the help of state intestacy laws. As a well-wisher, the personal
representative has to settle the issues that are not restricted to the following-
● Request the proper court for the right to resolve the estate planning
● Take ownership or administration of property and assets
● Decide who acquires estate assets plus at what price or rate
● Value or evaluate assets
● Make an index of the assets of the inheritance
● Control, defend and protect the estate till the disposal or liquidation
● State and compensate the appropriate creditors
● The filing of the owner's ultimate tax return
● Complete the payment of estate tax, if they are pending.
● Provide definitive accounts
● Divide the property
It is after the death of the owner which results in a complex and challenging time
when a dedicated crew of probate attorneys and specialists can supervise clients at
each level of the process within the network of living and managing their chosen
one’s account.
Trust and Probate Administration Attorney | Trust and Probate Administration Lawyer