A Florida Petition For Disposition of Personal Property Without Administration (Packet) is a court document used to transfer assets of an individual who has died without leaving a will. This packet is used when an individual passes away without an estate plan in place and the decedent's assets are not subject to probate. The packet contains the necessary forms and instructions to initiate the process of transferring the decedent's assets without the need for a court-appointed administrator. There are two types of Florida Petition For Disposition of Personal Property Without Administration (Packet): Small Estate Affidavit and Transfer of Property Without Administration. The Small Estate Affidavit is used when the total value of the decedent's estate is less than $75,000 and the Transfer of Property Without Administration is used when the total value of the decedent's estate is greater than $75,000. Both packets require the filing of an affidavit, death certificate, and other documents in order to complete the process.
Florida Petition For Disposition of Personal Property Without Admininistration (Packet)
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How to fill out Florida Petition For Disposition Of Personal Property Without Admininistration (Packet)?
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FAQ
$20,000.00 of household furniture, furnishings, and appliances; Two motor vehicles used as the decedent's personal motor vehicles; and. Any qualify tuition programs under Section 529 of the Internal Revenue Code.
When does Summary Administration apply in Florida? ing to Section 735.201 of the Florida Statutes, summary administration in Florida can be done if the person has been deceased for over two years or if the assets are less than $75,000.
Disposition of Personal Property Without Administration. The disposition is filed to request the release of assets of the deceased to the person who paid the final expense, such as funeral bills or medical bills for the last 60 days. This procedure may be accomplished with the filing of an informal application.
To use Summary Administration requires filing a petition with the probate court. It also requires doing the following: Valuing the estate, which can consist of no more than $75,000 in assets.
Disposition of Personal Property Without Administration. The disposition is filed to request the release of assets of the deceased to the person who paid the final expense, such as funeral bills or medical bills for the last 60 days. This procedure may be accomplished with the filing of an informal application.
The process can only be completed successfully with the following documentation: The death certificate of your deceased loved one. The decedent's original will. A copy of the funeral bills paid by the beneficiary or heir. Signed consents from heirs if applicable. A petition for Disposition without Administration.
A disposition without administration is the probate process used to quickly transfer the ownership of the decedent's small estate to an heir or beneficiary. All the heir or beneficiary needs to do is petition a court to allow this transfer.
735.301 Disposition without administration - (3) Any person, firm or corporation paying, delivering, or transferring property under the authorization shall be forever discharged from any liability thereon.