Are you a creditor of an estate in Florida? You may be a creditor and not even know it. Creditors in Florida have rights to money owed to them from the person who passed away. Read on to learn more about creditor’s rights in a Florida probate proceeding.
- When a person passes away in Florida owing money to others, that Palm Beach estate is responsible for paying the debts owed.
- If you lent money to a person who has passed away in Florida you are a creditor.
- If there was a prenuptial agreement, the surviving spouse is a creditor of that Florida estate.
- The personal representative if the Florida estate is responsible for notifying creditors of an estate in Florida.
- Once notified, a creditor of a Boca Raton estate has 90 days to file a written claim against the estate.
- If you are a creditor that had a contract or prenuptial agreement with the person who passed away, you should file a claim and attach a copy of that contract or agreement to the claim.
- The personal representative has 1 year from the date of initial publication of notice to pay any claims of creditors, although this may be extended in certain circumstances.
Florida has a very short window for creditor’s to exercise their rights against an estate.experienced Florida probate litigators know these time frames and statutes of limitation and can guide you.
To learn more about creditor’s rights to a Florida estate please watch the following video.Creditor’s Rights