What is Florida Small Estate Summary Administration?
Florida Summary Administration is a simplified form of probate administration, and is generally available only if the value of the estate subject to probate (not including property which is exempt from the claims of creditors; for example, homestead property in many circumstances) is not more than $75,000, provided the decedent’s debts are paid, or the creditors do not object. A summary probate could be completed in a matter of weeks if there are only a few small assets and no claims by creditors.
Those who receive the estate assets in a summary administration generally remain liable for claims against the decedent for two years after the date of death. Summary administration is also available if the decedent has been dead for more than two years and there has been no prior administration.