Posting Bond For Probate In Miami-Dade
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It is based on the total amount of the estate, including any real estate, that the fiduciary has to oversee. The bond premiums are normally calculated at one-half of one percent (0.8%), which is equal to $500 for every $100,000 of estate assets.
To begin posting bail online, just call or text Bail Bonds Now any time to receive an access code at (786)-500-9999. We service all cities throughout Miami-Dade County, including: Aventura.
Due to their individual requirements and processes, the length of time it takes to acquire a probate bond varies from company to company. However, many surety companies can bond a person within 24 hours or as quickly as within the same business day.
Under the Florida Probate Code, any individual serving as a personal representative must file a bond unless the an interested party petitions the probate court requesting a waiver of the bond requirement, or the court on its own motion decides to waive the bond requirements.
For example, in Florida, executors need to follow the 10-day rule. This means that the deceased person's will must be filed within 10 days of their death.
Florida probate options and how long they take Under formal administration, all the steps of the process are court-supervised and it takes a minimum of six months, but most commonly takes 18 months. Summary administration is a faster probate path, with fewer steps and less court supervision.
