Estate Planning By Reputed Real Estate Lawyer
Estate planning is the process by which an individual or family provides for the transfer of assets owned by the individual in the anticipation of death. The purpose of the estate plan is to preserve the maximum amount of wealth for the intended beneficiary.
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Estate Planning Attorney in Boca Raton
An estate is the total property, real and personal, owned by an individual prior to distribution through a trust or will. Real property is real estate and personal property includes everything else, that is, cars, household items, bank accounts, etc. The purpose of the estate plan is to distribute the real and personal property to the planners’ heirs or beneficiaries.
Wills and trusts are the two methods most commonly used by individuals to dispose of their wealth. Trusts have the benefit of avoiding probate which is a lengthy and costly legal process that monitors the transfer of assets. A trust allows the trustee to transfer the assets without the necessity of the court overseeing his or her actions.
How Can Our Real Estate Lawyer Help You?
At Levinson Law Office, we work with clients who are looking to begin the process of estate planning. If you are unsure of what estate planning entails or how to go about planning for a loved ones estate, reach out to one of our representatives. We can schedule a consultation where we will be able to address all of your personal questions and concerns.
After consultation, in accordance with your instructions, we will draft necessary documents such as wills, health care surrogates, living wills, trusts and powers of attorney. In our consultation, we will discuss the advantages and disadvantages of the use of a will or a trust. After a complete and thorough discussion, we will quote a reasonable fee.
Please call our office today for an appointment.
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Professional Services For Revocable Living Trusts In Deerfield Beach & The Neighboring Regions
Living TrustsThere are many reasons why you may not wish to leave your assets to your heirs directly. Perhaps your heirs are minor children who will need a trusted third party to manage the assets you will be leaving to them until they come of age. Perhaps you and your spouse wish to avoid estate taxes until both of you have passed. Perhaps you simply wish for the details of your estate to remain private, something impossible to do if your estate enters probate. No matter what your reasons, our law firm can help you with your living trust. We have helped many clients across the Boca Raton and Deerfield Beach areas and we look forward to working with you as well.
Setting up a trust is something that many people wish to consider. Meeting with a representative from Levinson Law Office can help guide you as you decide if a living trust is the right option for you and your family.
There are many different kinds of trusts available, so no matter what your circumstances, our law firm can help you create a trust that will meet your needs and those of your heirs. Please call us today to begin planning your trust. Every situation is different, so we will best be able to give you advice once we know your situation in detail.