Formal probate means that by filing a petition for a hearing before the probate court, the estate must be released, and can mean ongoing court intervention. Though some states charge variable probate filing fees depending on the estate’s value Florida levies a flat fee of about $400 for each estate that files for formal probate.
The judge for probate will oversee the administration of the estate closely, and the process goes through 3 phases:
- Opening of the estate
- Administration of the estate
- Closing of the estate
Unless you’re not familiar with the process, the legal and financial challenge you’re undertaking may seem appalling. There’s a lot to do so we find it useful to explain the method in simple terms:
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