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What does formal probate administration involve?
Formal Probate Administration
My loved one passed away recently. How do I start the formal probate process? What deadlines do I need to be aware of? How can an attorney help with the formal probate process?
- Formal probate administration is for estates where the decedent passed away two or less years ago or the value of the estate subject to probate is more than $75,000.
- Formal administration is lengthier than summary administration and involves appointment of a personal representative to gather all assets, pay debts, and distribute assets.
- Some assets are subject to probate, while other assets are not.
- Elizabeth Cuenca, P.A. can guide you through the ins and outs of the formal probate process.