What do you have to sign to start probating an estate or will? Or, simply to have an experienced probate lawyer in your corner? Well, I guess that depends. Let’s discuss what a probate engagement letter in Florida is, what it looks like, and why you may need one. Or not ! Whether you are a beneficiary of a multi-million estate ,or a Personal Representative of a small estate, read on. Starting the Probate Process Why do you even need a probate? Can’t you just get your inheritance automatically? Well, in Florida, when a person dies, there are tricky and unique laws. About how money or property “goes,” or “passes,” to loved ones, family members and beneficiaries. How the decedent’s debts get paid —- or don’t get paid. There’s a special order to how all creditors get paid. Creditors have to jump through certain legal “hoops.” And not all creditors are created equally! (Don’t blame me, that’s the way the legislature wanted it in their Florida Probate Creditor Laws). You see, loved ones and beneficiaries don’t automatically inherit an estate. There are rules. And procedures to follow. To the shock of many estate beneficiaries and family members……………beneficiaries get paid last! After the probate lawyers, after creditors and after the Florida Executor. Many times, to follow the rules (the law) and to get it right, you need a Formal Administration. OK……………so what’s that got to do with a probate engagement letter? Why Probate Engagement Letters Matter Whether or not you are […]