In Panama City Beach, Florida, probate is the process through which a Court determines if a will is valid or not.
As part of the probate procedure, the court in Panama City Beach, Florida will determine the validity of the will, inventory the decedent's assets and debts, then, assuming everything is found to be in order, distribute the estate according to the will.
The executor of the estate is often named in the will. If not, the probate court in Panama City Beach, Florida will name will appoint a person to serve as executor. This is normally the person who stands to inherit the most under the will.
The executor is the person responsible for initiating the probate proceedings. The person who would inherit the most from the will is appointed, because they have the greatest incitement to move the process along as quickly as possible, so they can get their inheritance.
Duties of the Executor in Panama City Beach, Florida
There are quite a few things that an executor is responsible for. At the outset, they are required to file the probate action with the appropriate court. No progress, let alone any final disposition of the estate, can be made until this happens.
Additionally, the executor has to make sure that the decedent's relatives and other people named in the will have notice of the testator's death, normally through the filing of a copy of the official death certificate.
The executor will also have to gather and make available a list of all of the decedent's debts and assets, as well as a list of those who stand to inherit from the decedent.
Additionally, the executor is required to take the lead in showing the validity of the will, effectively acting as the living embodiment of the decedent's estate. The executor is normally the person who will inherit the most once the will goes through probate, so they have a good reason to put in the work to do this.
How Can A Panama City Beach, Florida Lawyer Help?
Because of the intricacies inherent in the probate process, it is a good idea to hire an accomplished Panama City Beach, Florida probate lawyer, particularly for the executors of estates.