How To Make Florida Probate Easy On Your Family
February 10, 2022
Probate in Florida can be a difficult process. When someone dies, everything they leave behind (known as their estate) enters into probate. If that person created an Estate Plan while they were alive, their belongings will be divided according to their wishes. If they died without leaving behind an Estate Plan, it is up to the discretion of a Florida Judge to divide everything up – not their loved ones.
In some situations, going to probate court can be expensive, time-consuming, and emotionally taxing. In others, getting through probate can be a breeze. While you’re still around, here are 3 ways to make the probate court experience easier on all of your loved ones after you’re gone:
Make an Estate Plan
Estate Planning is the process of working with an attorney to create a legally-binding plan for what will happen to your estate and remaining assets (money) after you pass away. Estate Planning comes in many forms, but the most common bedrock is the Last Will and Testament. Creating an Estate Plan gives you a say in what happens to your estate and legacy after you pass away.
Keep It Updated
Plenty of people create an Estate Plan and forget to update it – and then all of their money goes to their ex-spouse. Any time you get married or divorced, welcome a new child into your family, change careers, or even move to a new state, it is important to update your Estate Plan with the help of a local lawyer. This is especially important for blended families, where step-children may not be recognized in probate with an updated Estate Plan.
Leave Money in a Trust
An Estate Plan allows your wishes to be followed in probate, but it still enters probate. A Trust, on the other hand, bypasses probate entirely and is given directly to the person, people, or charity of your choosing. You can leave behind money in a Trust that will be given immediately to your loved ones at the time of your death, which can allow them to help with arrangements and a difficult transition.
Get the Help You Need
At Schlegel Livingston, LLC, we believe in a holistic approach to Florida Estate Planning and probate. We know that no two families are alike, so no two Estate Plans should be the same either. For help protecting your family with a solid Estate Plan, contact Schlegel Livingston, LLC today! We help you through life’s most important moments.