• September 19th, 2023

What is formal administration ?

Formal administration represents the conventional and more comprehensive method of probate in Florida. In formal administration, a personal representative, often referred to as an executor, is appointed to oversee and manage the estate’s affairs. This personal representative is responsible for various tasks, including the distribution of assets, paying off debts and taxes, and handling legal matters related to the estate. This approach is typically used when the estate’s complexity or the value of assets exceeds the thresholds for simplified forms of probate like Summary Administration.

Contact Derek today About Your Case