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People often create revocable living trusts in Florida to avoid probate. And some of those people actually transfer assets into the trust to fund it. And it’s true that the trust’s assets are not assets of the probate estate when the person dies. But probate is still required for another reason: clearing possible claims of creditors.
You see, in Florida, revocable living trusts are liable for the claims of creditors of th... Read More
I hear it all the time. “My uncle died in Florida last month and his brother won’t let me see the will. What can I do?” Well, Florida law requires that anyone holding an original will file it with the Clerk of Court within 10 days after receiving information of the death. If they do not file it within 10 days, then they can be required to pay damages and attorneys fees. It is surprising how effective a letter from a lawyer can be to such a person informing them of this law. ... Read More
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