If you have been named the Personal Representative in a Will, or a Trustee of a Trust, or both, you may not know what your responsibilities are or how to go about fulfilling any of them. Many questions may arise. Do you need the court probate process or not? Do you have to obtain special fiduciary insurance? What about a bond? What if the decedent owned property in more than one state? What if the beneficiaries do not get along? These questions and others are often difficult to address alone. We are here to help.
Throughout the representation of executors, trustees and other fiduciaries, our lawyers understand the law and take pride in knowing that we have been privileged to handle a family’s most sensitive personal and financial matters. We know that often we are doing so at a very painful and sometimes profound time for the clients.
Not every attorney at Vagovic & Associates specializes in Probate & Trust Administration law.
When a loved one dies in Florida owning property, that property may need to be processed in the Florida probate court. Florida has different types of probate that the dedicated attorneys at Vagovic & Associates, P.A., can help you handle.
The process starts with a meeting between the executor and one of our attorneys to discuss the process and what steps to take. These steps typically include determining what property is in the estate. This might include “probate” property, which generally is property titled solely in the deceased person’s name. This probate property will pass under the will and go through the probate court process.
We work with families in Florida and across the nation during this challenging time to reach a conclusion for the decedent’s affairs. We also handle probate litigation for disputes over Wills, Trusts, testamentary dispositions, and other issues related to probate.
When a client takes on the responsibility of serving as an executor or trustee following the death of a family member or friend, the task can seem overwhelming. Our team will work to lift this burden from the client to the greatest extent possible.
Call our office today to schedule your consultation with an experienced attorney. Our phone number is (386) 265-0900.
We help seniors and their family members with both the creation and administration of their trusts. Trust administration can take place during your life, if you are incapacitated, or after your death. Trust administration allows us to avoid the Florida probate process for the assets held within the trust.
Typical trusts administered by our firm include irrevocable life insurance trusts, gifting trusts for the benefit of children and grandchildren (the latter are also called “generation skipping” trusts) and “credit shelter” (also called “A/B” trusts). Our firm also administers trusts that have been created under a will (“testamentary” trusts) or by trust agreement during a client’s lifetime (“inter vivos” or “living” trusts). Trustees frequently have questions, particularly when they have taken over responsibility for a trust, about what they can and cannot distribute to beneficiaries, what the law provides as to investment of trust assets, and tax payment responsibilities.
Call our office today to schedule your consultation with an experienced attorney. Our phone number is (386) 265-0900.
Vagovic & Associates, P.A. is proud to serve all of central and northeast Florida from our office in Daytona Beach, Florida. Legal counsel is provided to clients throughout the following counties: Volusia, St. Johns, Flagler, Putnam, Seminole, Orange, Brevard, Lake, Duval, and Osceola.
If you are not residing in the counties listed above, but instead are living in another part of Florida and need our representation, call us now so that we can help you right away.
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