Probate, Revocable Trusts, And Estate Planning In Miami Beach
As a Miami Beach Probate, Trust, and Estate Planning Attorney, I wanted to explain how trusts benefit people while both alive, if incapacitated, and at death, if properly funded. One of my favorite elderly clients passed away right before his 90th birthday. He lived life fully and enjoyed family, friends, and long walks along the beach right up until the very end. His family is protected with a funded trust, are your loved ones protected?
How Can A Trust Protect You In Florida?
A trust can protect you in Florida from probate court involvement. The first step of creating a trust in Florida is to hire a trust attorney. Ally Glaser, PA is experienced in Trust creation and can assist you in these matters. After I am hired, I then prepare your drafts according to your specific circumstances, preferences, and vision. After you review the documents and we have discussed them thoroughly, we set a signing meeting. At this meeting, you sign the documents and we discuss funding the trust, changing the title of the assets from personal ownership to you as your trustee. A trust also can protect you from guardianship court involvement because guardianships are needed when a person becomes incapacitated and assets are in their own name as ownership.
How Can I Avoid A Probate In Miami, Florida?
When a person dies and there are assets in their name alone, a probate attorney in Florida is needed. Probate is the court process required when someone dies with assets in their own name and there is no paid on death beneficiary. For example, on a bank account or life insurance if there is a beneficiary listed there may not be a need for probate. If there are no beneficiaries or all of the beneficiaries are also deceased, probate is required. The same is true for a house or apartment where the decedent is the only person on the deed. Thus, if a trust is created and the real estate and assets are transferred to the trust, probate is not needed.
Estate Planning/ Trust Attorney In Miami Beach
Probate in Miami-Dade County is a timely, public, and costly court process that can be avoided with proper estate planning. If properly created and funded, a revocable trust can avoid probate court involvement. A will does not protect you or prevent probate. Ally Glaser, PA can help clients with Probate needs, but prefers to help them with estate planning and prevent that Probate from being needed in the first place.
Trust Administration Cases Can Be Extremely Complicated And Experience Matters
At Ally Glaser, PA in Miami Beach, Florida we are skilled in both Probates and Trust administration and have had many years of experience in dealing with these cases.
Ally Glaser Pa In Miami Beach, Florida Is Unique
At Ally Glaser, PA, in Miami Beach, Florida, we do holistic estate planning and also handle probate and trust administration matters with care and concern for the loved ones left behind. We are happy to help you during these challenging times and have many years of experience dealing with these sensitive issues.