Legal Question in Wills and Trusts in Florida
how can you find out how much an estate is worth in Florida?
My father passed away in 2008 and no will was found so my stepmother received all estate.
She just passed and I am wondering how to find out what the estate is worth at this time in 2013
Asked on 5/06/13, 5:08 pm
2 Answers from Attorneys
Sanford M. Martin
Sanford M. Martin, P.A.
Estate includes assets owned by the deceased less any debts and taxes, so
valuation of an estate requires an assessment of value of assets less any debts
and taxes. If probate of the estate is required, then an accounting for the value
of the estate will be prepared. If not, then there may be no formal valuation of the
estate property.
Answered on 5/06/13, 5:44 pm
Barry Stein
De Cardenas, Freixas, Stein & Zachary
There is no method for determining an Estate's value without knowing the assets and liabilities of the Estate.
Answered on 5/07/13, 4:12 am
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