Florida Formal Administration Checklist For Closing Estate is a comprehensive list of steps for finalizing an estate in the state of Florida. Depending on the size and complexity of the estate, the checklist may vary from case to case. Generally, the steps involve filing the necessary paperwork with the court, paying any outstanding debts, distributing assets to the beneficiaries, filing the final tax return, and closing out the estate. The main types of Florida Formal Administration Checklist For Closing Estate include: -Filing the Petition for Administration: This includes obtaining the appropriate forms, submitting them to the court, and obtaining the Letters of Administration. —Determining Creditors: This involves identifying creditors, mailing out notices, and handling any claims. —Estate Tax Returns: This involves filing the estate tax return with the IRS, as well as the state and local tax authorities. —Distribution of Assets: This includes distributing the remaining assets to the beneficiaries, as outlined in the will or trust. —Closing Out the Estate: This involves filing the Final Accounting, closing bank accounts, and obtaining a release from the court.