Legal Question in Wills and Trusts in Florida

In probate, why would you transfer property and a business contract of 5 million, instead of selling it out right, is the PR hiding something?


Asked on 4/09/14, 6:42 am

2 Answers from Attorneys
Barry Stein De Cardenas, Freixas, Stein & Zachary

It may not be easily saleable. Nothing unusual about transferring it if that is the case. Also, sometimes it is easier to transfer to the heirs in order to close out the Estate.

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Answered on 4/09/14, 6:47 am
Joseph Pippen Law Office of Joseph Pippen & Associates

Transferring is acceptable and PR has to do a full accounting with current market values.

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Answered on 4/13/14, 6:28 am


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