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Law Offices of Laurie E. Ohall � 2007
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Probate
Probate is a proceeding required by Florida law upon the death of an individual who dies owning any assets.This is the courts way of gathering the assets of the decedent, paying the debts and taxes, and passing title to the decedents beneficiaries. There are several ways to avoid probate, including the use of a revocable living trust, owning property through joint tenancies, and having beneficiary designations on certain types of accounts (such as life insurance, IRAs, 401(ks and pension plans.
Many people think that, if they have a Will, their assets do not have to go through probate. However, that is not the case. Unless the assets are titled in one of the ways stated above, assets titled solely in an individual's name, regardless of whether a person has a Will, will most likely go through probate.
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The Law Office of Laurie E Ohall, P.A. is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. |
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The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience.This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.
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