WHAT IS YOUR RESISTANCE TO ESTATE PLANNING IN MIAMI BEACH, FL AND HOW CAN YOU MOVE PAST IT?
I received a call from a man who recently moved here from California and wanted me to do his estate planning in Miami Beach, FL as he has lived here for years. He was told by his CPA to get his estate planning done. Accountants and financial planners are the first to send clients my way as they know the hassles and delays with Miami probates and want to protect their clients and their client’s loved ones.
DOES HE NEED ESTATE PLANNING IN MIAMI BEACH, FL?
Yes, in the example above, the potential client has about two million dollars in assets, and an x-wife/best friend with whom he shares California real estate. He also has two adult children, one who is challenged and needs supervision. This is a complicated situation that would be even more complicated if left to the Miami Probate Courts.
OTHER THAN PEACE OF MIND, WHAT DOES ESTATE PLANNING PROVIDE?
Other than peace of mind, estate planning and changing his residency to Florida could help to lower his taxes, as California residents usually have higher tax rates. He can now get the homestead exemption he was entitled to, yet he never applied. His Florida revocable trust will specifically mention his homestead exemption, thus protecting him further.
WHY DO I NEED TO REDO MY ESTATE PLAN IF I MOVE TO FLORIDA?
A new estate plan is recommended when moving to Florida from another state or country. There are many Florida rules and protections and you can maximize those by hiring a Miami Beach, FL estate planning attorney. In addition, if you own real estate in other states, as in the example above, a transfer deed may be recorded moving that property into his Florida trust. Thus, containing and simplifying his assets.
WHY SHOULD YOU USE ALLY M. GLASER, PA TO HANDLE YOUR WILLS AND TRUSTS, ESTATE PLANNING IN MIAMI BEACH AND MIAMI-DADE AND BROWARD PROBATE MATTERS?
As a Miami Beach Estate Planning, Wills and Trusts and Probate Attorney in Miami Beach with over twenty-five 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 Broward County and Miami-Dade probate court system 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 Estate Planning, Wills and Trusts and Miami-Dade County Probate matters. I am happy to help you and your loved ones during this important process.