Glades County Probate - Probate in Florida
When a loved one from Florida passes away and you are named as the personal representative of the estate, you will have to learn about Florida state probate procedures to get through the complicated process and get back on with life. One of the first things that you will come across in your search for information is the fact that under most circumstances you are legally required by Florida state law to retain the assistance of a probate lawyer in the process.
This helps to ensure that the probate goes quickly and smoothly and that time and expenses on both sides of the probate are kept at a minimum. Something else that you might learn is that you do not have to hire a probate lawyer from the same county as your deceased loved one, meaning that you can hire a probate lawyer from any county in Florida.
Only if there are contested issues in the probate, is it necessary to hire a Glades probate lawyer; otherwise, a probate attorney in any county can handle the probate since no appearances in Court will be required, unless there are contested issues.
The fees for a Florida probate attorney are usually based on Florida Statutes Section 733.6171, which states:
733.6171 Compensation of attorney for the personal representative -
(1) Attorneys for personal representatives shall be entitled to reasonable compensation payable from the estate assets without court order.
(2) The attorney, the personal representative, and persona bearing the impact of the compensation may agree to compensation determined in a different manner than provided in this section if the manner is disclosed to the parties bearing the impact of the compensation and if no objection is made as provided for in the Florida Probate Rules.
(3) Compensation for ordinary services of attorneys in formal estate administration is presumed to be reasonable if based on the compensable value of the estate, which is the inventory value of the probate estate assets and the income earned by the estate during the administration as provided in the following schedule:
(a) One thousand five hundred dollars for estates having a value of $40,000 or less
(b) An additional $750 for estates having a value of more than $40,000, but not exceeding $70,000.
(c) An additional $750 for estates having a value of more than $70,000 and not exceeding $100,000.
(d) For estates having a value in excess of $100,000, at the rate of 3 percent on the next $900,000.
(e) At the rate of 2.5 percent for all above $1 million and not exceeding $3 million.
(f) At the rate of 2 percent for all above $3 million and not exceeding $5 million.
(g) At the rate of 1.5 percent for all above $5 million and not exceeding $10 million
(h) At a rate of 1 percent for all above $10 million.
A professional is needed to help the personal representative through the maze of laws and strict regulations, so that the wishes of the decedent are honored and the beneficiaries receive their inheritance without breaking the law. Speak to a Glades County Probate Lawyer.
