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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123What are the steps for probate in Florida? Step 2: File a Petition with the Probate Court. Step 3: Notify the Deceased’s Creditors. Step 4: Inventory the Deceased’s Estate. Step 5: Close Creditor Period & Pay Valid Debts. Step 6: File & Pay Estate Taxes. Step 7: Final Estate Accounting. Step 8: Distribute Remaining Assets to Beneficiaries. Copies of the original will are available to anyone willing to pay for it Are distributions from an estate taxable to the beneficiary? Practically speaking, the U.S. no longer has an inheritance tax. Inheritances of cash or property are not taxed as income to the recipient. As of 2021, the estate tax, which the estate itself pays, is levied only on amounts above $11.7 million. If this is something you don’t want to go through alone, consider getting help from the experts at EZ-Probate. Hiring an attorney to prepare your will makes the most sense Yes, You May Need an Estate Plan, Even If You Don’t Have an Estate funds in a payable-on-death (POD) bank account.