Deceased with or without a Will; Probate with Property and assets under $150,000, not including the value of a homestead property (excluded). There is no dollar limit on the amount of the estate if more than two years have passed. If property was homestead of deceased the value is not included in the $150,000 assets regardless of whether there is a will or not and the existing property was the homestead of the decedent.
Florida summary administration is an available . and can be used if the decedent’s non-exempt assets are $150,000 or less, There are no dollar amount limits on the size of the estate if more than two years have passed since the death of decedent. It is a streamlined probate process that typically doesn’t require appointing a personal representative and can be quicker than formal administration.
If the deceased owned a home in Florida that was their primary residence, their property will automatically pass on to their heirs without the value counting towards the total value of the estate.
Deceased with or without a Will; Probate with Property and assets under $150,000, not including the value of a homestead property (excluded). There is no dollar limit on the amount of the estate if more than two years have passed. If property was homestead of deceased the value is not included in the $150,000 assets regardless of whether there is a will or not and the existing property was the homestead of the decedent.
Florida summary administration is an available . and can be used if the decedent’s non-exempt assets are $150,000 or less, There are no dollar amount limits on the size of the estate if more than two years have passed since the death of decedent. It is a streamlined probate process that typically doesn’t require appointing a personal representative and can be quicker than formal administration.
If the deceased owned a home in Florida that was their primary residence, their property will automatically pass on to their heirs without the value counting towards the total value of the estate.