Florida Personal Representative Form With 2 Points
Description
How to fill out Florida Personal Representative's Deed Of Distribution?
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FAQ
Determine your eligibility: In Florida, the personal representative of a probate estate must be at least 18 years old and have no felony convictions. You must also be a Florida resident, a close relative of the deceased, or a Florida resident who is related by marriage or adoption to the deceased.
If the estate value is $1 million or less, your fee is 3% of the estate assets. If the estate value is between $1 million and $5 million, your fee is 2.5% of the estate assets. If the estate value is between $5 million and $10 million, your fee is 2% of the estate assets.
A personal representative's proof of claim shall state: (1) the basis for each claim; (2) the amount claimed; (3) the name and address of the claimant; (4) the security for the claim, if any; (5) whether the claim is matured, unmatured, contingent, or unliquidated; (6) whether the claim has been paid or is to be paid; ...
Without a will, though, there is no deadline as to how soon you need to file for probate in Florida. However, it's always a good idea to do it as soon as possible, to settle their affairs and transfer ownership of assets to the people who will inherit them.
What is a Personal Representative, and What Does the Personal Representative Do? The personal representative is the person, bank, or trust company appointed by the judge to be in charge of the administration of the decedent's probate estate.