Return to Home Page  

Estate Planning Services That Preserve Your Wealth and Legacy

Having a well thought out and managed plan for handling your estate is one of the most important things you can do to protect all that you've worked for and to provide for your loved ones.

Thinking about estate planning can be a daunting and emotional experience, but putting a plan in place now can protect the value of your estate, reduce estate taxes, minimize the effects of probate while speeding and smoothing the transfer of your assets to the people that you care about the most. Community Bank & Trust of Florida, when named as your personal representative, will ensure that all administrative and financial duties will be fulfilled and your specific wishes carried out with as little burden as possible on your loved ones.

Personal Representative Responsibilities

Your personal representative is in charge of supervising every aspect of your estate settlement, and their ultimate responsibility is to carry out the instructions in your will. Fulfilling the entirety of your will includes:
  • Making financial arrangements with your family
  • Gathering, appraising and distributing your assets
  • Working with your attorney to properly probate your estate
  • Paying bills and debts
  • Managing your portfolio
  • Preparing your accounting records
  • Resolving state and federal tax issues
  • And more
As you can see, your personal representative has a huge amount of responsibility, but your representative is key to having your estate completely settled.

How Do You Choose A Personal Representative for Managing Your Estate?

You may choose anyone to be your personal representative. Whether you want a relative, a friend or a corporate fiduciary, you should decide based on your confidence in their ability to fulfill the terms of your will.

Of course, considering the large scale of an estate settlement, you will want to appoint someone who is prepared or experienced enough to handle such responsibility. Another important factor is the time, effort and expertise required to settle an estate. You may also want to think about how your family may be affected by your choice.

Fortunately, you have options when it comes to your personal representative. You may actually want to put someone you are close to in charge of resolving your more personal matters and appoint a professional to settle your finances. In this case, you would name a corporate co-personal representative.

Build your estate plan now, get peace of mind and protect the future for your family. Call our Estate Department located in our Ocala headquarters at 352-369-1000 to schedule a no-obligation appointment. Meetings can be arranged at any of our branch offices located in Ocala, Belleview, Gainesville, Summerfield and the Villages.

Investments are NOT FDIC insured; NOT deposits, obligations of, or guaranteed by any bank; and may lose value.

First Name:
Last Name:

352.369.1000 OR
888.388.1007 OR
View Locations

FDIC Insured / Equal Housing Lender
Ocala (Main Office)
1603 SW 19th Ave.
Ocala, FL 34471-3136