Here are five rights that must be respected by the Personal Representative of a Miami estate.

First, the beneficiary must be notified when the Personal Representative of a Miami estate submits the will to the probate court. At this time the beneficiary has the right to make any objections to the probate court’s selection of the proposed Personal Representative of a Miami estate.

Second, the beneficiary is required to review and receive timely and accurate information about the estate’s original assets, and the ongoing accounting being conducted for the estate. If this information is not voluntarily produced by the Personal Representative of a Miami estate, the beneficiary has the right to conduct a court supervised review of all estate accounts. Before the completion of the will’s disbursements the beneficiary is also entitled to review a list of all of the accounting records, and other relevant source documents relating to the account such as invoices and receipts.

Third, beneficiaries are entitled to receive the assets left to them in the will in a timely manner. This timely manner is determined by the complexity and nature of the estate. However, the complete execution of a last will and testament is often conducted within one year.

Fourth, the beneficiary has the right to review, and disapprove or approve the level of compensation that the Personal Representative of a Miami estate will receive. If the beneficiaries contests the compensation level, the probate court will set a level for Personal Representative of a Miami estate compensation.

Fifth, if unhappy with the Personal Representative of a Miami estate’s performance the beneficiary can request that the probate court remove the Personal Representative of a Miami estate from his position. A probate court can remove the Personal Representative of a Miami estate if it finds that such decision is justified and necessary.

The Personal Representative of a Miami estate to a estate holds a fiduciary duty of care and loyalty to a will’s beneficiaries. This duty of care requires the Personal Representative of a Miami estate to carry out his or her responsibilities in a manner that is both informed and considerate, while also acting in manner that an ordinary prudent person would conduct themselves in the management of their own affairs. The duty of loyalty requires the beneficiary to put the interests of the beneficiary above his or her own self-interest, and to not exploit the Personal Representative of a Miami estate position for personal gain. This duty of loyalty prohibits self dealing, conflicts of interest, as well as imposes a duty on the Personal Representative of a Miami estate to disclose any material facts relating to the estate.

Beneficiaries to a will have certain rights that must be respected by the Personal Representative of a Miami estate of an estate. They are entitled to timely and accurate account review and will disbursements. The beneficiary can object to the appointment of a specific Personal Representative of a Miami estate, and can also contest the amount of compensation to be received by the Personal Representative of a Miami estate. The Personal Representative of a Miami estate is required to fulfill the fiduciary duty of care and loyalty to the beneficiary.

Read more about the rights of the beneficiary of a Miami estate.

If you would like to speak with a Miami estate attorney, call the Law Offices of Albert Gurevich at (786) 522-1411.