Does a Will Increase Probate Expenses?

A will frequently reduces expenses.No. If there is property to be administered or taxes to be paid or both, the existence of a will does not increase probate expenses. A will frequently reduces expenses. If there is real or personal property to be transferred at your death, the probate court will have jurisdiction to ensure that it is transferred properly, either according to your will, or, if there is no will, in accordance with the inheritance statute. Thus, even if you haveA will frequently reduces probate expenses. no will, your heirs must go to court to administer your estate, obtain an order determining your legal heirs, or obtain a determination that administration is unnecessary. These procedures are often more expensive than administering your will, since a properly drawn will names the beneficiaries and delineates procedures to simplify the administration process.

For help or answers to will and estate related questions, you can contact BaskinFleece at 727.572.4545.

 

Some of the content of this information is courtesy of The Florida Bar and represents general legal advice. Because the law is continually changing, some provisions in this blog may be out of date. It is always best to consult an attorney about your legal rights and responsibilities in your particular case.

This entry was posted in probate, will, wills and tagged , , , , , , , by garygreer. Bookmark the permalink.

About garygreer

Marketing strategy is how I start helping a company to increase sales. By carefully listening to and engaging with my customers I'm able to help them better focus and increase the value of their brand, develop effective websites with dynamic social media activities. I also team with my customers to create marketing communication materials that do what they are suppose to do – prove value by communicating unique selling points. My additional unique selling point? I always have a positive attitude, am upbeat and fun to work with!

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