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Preparing Wills and Trusts In Florida
Finding a qualified and experienced estate planning attorney can be a challenging task. But above and beyond credentials and experience, you need to find an attorney who will listen and understand your needs and wishes. You have worked hard all your life and now is the time to make sure that a plan is implemented that works for your and your family. Your intentions need to be honored and steps need to be taken to minimize any potential risk to taxes or relatives looking for hand outs.
Our clients top priorities; to transfer, conserve, and manage personal or family assets in the event of death.
Preparing a will or trust is never a singular event. They might have to be revised several times over a lifetime. Have your or an important family member recently gotten divorced? Has there been a birth of a child or grandchild? Have you elected to give money to your favorite charity? Have you terminated communication with a family member? If so, you might need to update your wills and trusts in a timely fashion.
SHAMY, EL FADEL & MAHONE has experience necessary to formulate your will, in accordance with your wishes, and implement a complete estate plan that will protect you and your heirs in the event of a death or a catastrophic event. Call today for a free no-obligation consultation: 561-939-8042
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Some Important Things to Consider For Wills and Trusts In Florida
In this day and age, a will is no longer enough. If you were unable to manage your own medical care because of illness, an accident, or old age what would you do? Having a legal instrument to designate the kinds of treatment you do or don’t want to receive and naming someone you trust to oversee your care is absolutely critical and worth the piece of mind knowing things will be handled exactly how you want them to.
A living will declares the type of care you want if you become incapacitated. It is designed to handle your health care preferences and remove the burden of life altering decisions from your family members during a time of stress and anxiety.
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Our Estate planning services include but are not limited to:
- Preparation of wills and trusts
- Living wills
- Lifetime gifts
- Gifts in trust
- Charitable gift planning
- Income tax planning
- Estate and Gift tax planning
- Trust setup & Administration
- Fiduciary duties of trustees
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Our Estate planning services include but are not limited to:
- Guardianships
- Durable power of attorney
- Living trusts
- Contesting a will
- Credit shelter trust
- GST or dynasty trust
- QTIP trust
- QDOT trust
- ILIT trust
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- Do I have a list of all my assets?
- Do I know who I want my beneficiaries to be?
- How much should each beneficiary get?
- Who should my Executor(s)?
- Who should be a legal guardian if I have children?
- Do I need an estate guardian or a trustee?
- Where should I keep my will?
- Do my loved ones know where I keep my will and other important documents?
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Review Your Wills and Trusts in Florida Every 3 Years
Tax laws and federal laws are always changing. SHAMY, EL FADEL & MAHONE recommends that you review and update your will every three years, at a minimum. Wills and estate planning are tricky and if they are not executed properly loved ones can be put at risk financially or legally. You want to guide your family the best you can and not leave them with a mess.
Death and taxes might be part of life’s guarantees but that does not mean these complex issues should be ignored or feared. SHAMY, EL FADEL & MAHONE can give your the necessary guidance and services required to make sure that your and your family are well protected in the event of a catastrophe.
Call today for a free confidential consultation: 561-939-8042
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