ESTATE PLANNING IN MIAMI BEACH, FLORIDA, WHY ARE MY HUSBAND’S ASSETS FROZEN AND WHAT DOES IT MEAN?
Sadly, assets are frozen often in a probate situation. This is true even if those assets are your husband’s or wife’s. When someone dies with assets in their own name and no paid-on-death beneficiary, those assets are frozen until the probate court permits a distribution. These cases lately have taken a year or more, causing extreme delays for the loved ones left behind.
DOES A WILL PROTECT ME OR MY LOVED ONES?
Unfortunately, a will does not protect you or your loved ones. A will is simply a map directing the probate court. With minor children or an incapacitated individual, an additional court process called a guardianship will be required, even with a will.
HOW CAN I PREVENT PROBATE COURT IN MIAMI-DADE COUNTY, FL?
Revocable trusts can prevent probate court. A good estate planning attorney can create a revocable trust and advise you on transferring your assets into the trust. You may be your own trustee; thus, maintain control and ownership of your assets. Also, the trust can be changed, and is not permanent.
WHAT IS AN ESTATE PLANNING PACKAGE?
An estate planning package often includes a will, a trust, health care documents, and a power of attorney. These are the basic documents most people need. Estate planning can also include transfers to trust of real property, LLCs or corporations, and other assets. Also, a homestead property may be transferred to trust and the homestead exemption may remain. Basic estate planning is a great option for people with loved ones and assets. Call or email today to get started with your estate plan.
WHY SHOULD I USE ALLY M. GLASER, PA FOR MY WILLS AND TRUSTS AND PEACEFUL PROBATES?
As a Miami Beach Estate Planning, Wills and Trusts and Probate Attorney in Miami Beach, Florida with over twenty-seven years of experience and both a Psychology and Law degree, I handle these matters with knowledge and sensitivity. I am familiar and comfortable with both the Miami-Dade probate court system and Broward County probate court and know how to get things done. Additionally, because I do both estate planning and probate law, I am familiar with the challenges of each and provide my clients with additional protections. Call or email me today to discuss your Miami Beach, Florida Estate Planning, Wills and Trusts and Miami-Dade County, Florida Probate matters. I am happy to help you and your loved ones during this important process.