[belon721]

My aunt recently passed away and appointed her nephew as personal representative of her estate in her will. She was a resident of Florida. I am listed as a beneficiary in her will and I received a notice in the mail today from the circuit court in her county, notifying me that her will is being admitted to probate and that her nephew is personal representative. My question is, in the notice it states that her nephew is "entering into bond in the sum of $230,000. I assume this is a court ordered probate bond (even though her will stated no bond is required of her personal representative). Does this mean that the total value of her estate (including her real estate) is $230,000? Could the total value be less than that? Could the total value be more than that? Is real estate covered under the probate bond or just liquid assets? Also I was told my aunt and uncle had combined their assets into a trust when they entered an assisted living facility...would the assets in the trust be included in the bond? I am not sure of what the purpose of the bond is...or what assets it covers...and the figure of $230,000 has me a bit confused since i am not sure if thats just what he took a bond for...or if thats the total value of the estate (everything my aunt owned, houses, property, bank acccounts, investments, the trust etc) Thanks so much for any help you can give me.