Our Estate Planning and Probate attorneys serving Duette believe that your assets should be safeguarded against financial institutions, predators, separation, and even the poor decisions of your beneficiaries themselves. We think that you, not the government, should determine how your assets are distributed when you pass away. Your estate should not be gutted by onerous death taxes, and your nest egg should not be exhausted in order to get lasting medical care. Our estate planning attorneys can help you safeguard your legacy and your loved ones.
We provide Administration, Litigation and Estate Planning services to Duette Families.
Administration in Duette
The administration of an estate after a loved one or someone dear to you dies may be tremendously difficult. At a time when you are more focused on grieving, you may quickly find that getting the affairs of a loved one in order are much more complicated than just funeral preparation. You may be encountered with legal terms and requests for information that are unfamiliar to you, adding a bit of confusion to your heartache. An experienced administration attorney at Battaglia, Ross, Dicus and McQuaid, P.A., is here to help dissect and explain the process to ensure you can smoothly fulfill your responsibilities and distribute assets of the deceased in line with the laws of the state of Florida.
Executor of a Will
The executor of a will is the individual you name to perform your desires when you pass on. When you die with a legally-valid will, a court will accredit the executor you’ve named in it to act on it. This could include paying outstanding debts with the money left from your estate, dispersing your money and property to your beneficiaries, and more.
It’s vital to select a trustworthy, organized individual you trust to be your executor. They’ll have an important role in ensuring everything goes smoothly with your estate after your death.
When a loved one passes away, their assets and liabilities don’t pass with them. These assets and liabilities will need to get distributed according to the laws of the state of Florida, under a process called probate administration. Simply put, probate is a procedure by which a court supervises the distribution of a deceased person’s assets and the paying of their personal debts. However, this procedure could be rather convoluted. It can even be challenging to know if it is necessary, but the experienced Estate Planning and Probate attorneys serving Duette are here to help.
Trust administration in Florida refers to the duties and procedures by which a successor trustee a living trust performs the terms of the trust document. A successor trustee of a living trust has a wide range of powers and responsibilities which become successful consequent to our death or incapacity of the trustmaker or grantor. The trustee has a lawful duty to the trust beneficiaries that include proper administration of trust assets. The trustee can be liable for damages caused by incorrect handling of trust assets or improper trust administration.
Litigation in Duette
If you think your legal rights have been disregarded as a beneficiary in a Will or Trust in Florida, then you should contact an Estate, Trust & Trustee Litigation attorney immediately. Doing this will provide you with the legal know-how to file a petition that could protect your family’s assets, rights and future.
Alternatively, if you are facing allegations and claims as a Trustee, it is critical that you contact a lawyer to help prove that your decisions were justified.
If you’re a beneficiary of a Florida estate or trust and feel that your legal rights have been violated, then you should consult with a Beneficiary Rights attorney as soon as possible.
Elder Abuse in Duette
If you suspect or recognize that someone in your life has been the target of Elder Abuse, then you should speak with an Elder Abuse attorney to guard them and their finances as soon as possible.
Trust Accounting Disputes in Duette
If a Trustee has neglected to provide you with accounting information or you suspect mismanagement, then you should contact a Trust Accounting Disputes attorney as soon as possible.
If you suspect a trust has been poorly created or managed, you will need a Trust contest attorney to prove its invalidity. Accomplishing this will allow you to file a lawsuit and fight for your inheritance.
Duette Trustee Defense
If you’re a Trustee facing accusations of mishandling, fraud, breaches of fiduciary responsibility, self-dealing or some other mismanagement, then you may want to speak with a Trustee Defense attorney.
If a Trustee has violated their fiduciary duties or functioned irresponsibly, then a Trustee removal attorney can file an action to exterminate the Trustee to safeguard your rights as a beneficiary.
If you think your inheritance rights have been mismanaged, you will require the expert assistance of a Florida Will contest attorney. Doing so will allow you to file a petition that could possibly change the manner the estate is distributed.
Duette Estate Planning
If estate planning is something you would rather not think of, try imagining the laws of the state of Florida controling what comes about to your property, who administers your estate, even who becomes the legal guardian of your children. An entity with no direct affiliation to your family or everything you’ve worked for could become the ultimate decision maker without the proper execution of a Last Will and Testament. This very real likelihood can materialize in ways you would never have planned, leaving your final desires unsatisfied and your family members possibly uncared for. Effective estate planning offers you the chance to prepare for these contingencies as well as the opportunity to cement your legacy. Our Duette Estate Planning & Probate Attorneys cover every element of Estate Planning, consisting of but not limited to:
An Advance Directive is an oral or written statement. This statement will spell out how you want your medical resolutions to be made when you become unable of arriving at these resolutions yourself.
Asset Protection Planning is an clean and legal process that entails reviewing your financial holdings and reorganizing them to ensure that you can get legal exemptions.
Business Succession Planning
Business succession planning is a strategy for handing down leadership roles to an team member or group of team members.
Charitable Lead Trust
A charitable lead trust is an irrevocable trust prepared to ensure financial support to one or more charitable organizations for a period of time, with the remaining assets ultimately going to family members or other beneficiaries.
Charitable Remainder Trust
A charitable remainder trust is a tax-exempt irrevocable trust created to reduce the taxable earnings of individuals by first distributing income to the beneficiaries of the trust for a specified period of time and then giving away the remainder of the trust to the designated charity.
You might have heard that “dynasty trust” is a term used for denoting trusts that last for more than a generation. Genuinely, this term is used for denoting trusts that are developed to stay for generations.
A generation-skipping trust is a variety of trust that allocates somebody who is at least 37 1/2 years younger than the settlor as the beneficiary of the trust.
Grantor Retained Annuity Trust
A grantor retained annuity trust (GRAT) is a financial instrument used in estate planning to minimize taxes on large financial gifts to family members.
Health Care Directives
Health care directives are written or oral guidelines that give instructions regarding the potential medical care that a individual should get when he/she is not in a position to make a decision.
Intentionally Defective Grantor Trust
An intentionally defective grantor (IDGT) enables a trustor to separate particular trust assets so as to segregate income tax from estate tax treatment on them.
An Irrevocable Trust is an agreement between a settlor, trustee and specified beneficiaries that can not be altered or revoked except if there is a mutual understanding between all affected parties.
Last Will and Testament
A last will and testament is a lawful document outlining your desires regarding assets and dependents after your death.
A living trust is a lawful record, or trust, created during an individual’s lifetime where a designated individual, the trustee, is given responsibility for managing that individual’s assets for the benefit of the eventual beneficiary.
An LLC can help you transfer assets down to your beneficiaries while avoiding taxes. Our Estate Planning & Probate Attorneys can help you with LLC Formation.
A pet trust is a legally sanctioned plan providing for the care and maintenance of one or more companion animals in the occasion of a grantor’s impairment or demise.
Power of Attorney
A power of attorney may be a helpful resource that permits you to be involved in monetary transactions. This tool is crucial when you can not be present to sign papers.
Qualified Personal Residence Trust
A Qualified Personal Residence Trust or QPRT is a unique kind of irreversible trust that has been created to eradicate the value of your prime residence or a secondary property from your taxable estate.
Transfer Tax Planning
Transfer tax planning includes using various tax-favored techniques to transfer wealth to your designated recipients during your lifetime and at death.
Our Estate Planning & Probate Attorneys Serve Duette Residents
In order to ensure that your legal rights and the wishes of your loved ones are fully upheld, it is important to have the representation of a skilled legal professional. Our Estate Planning & Probate attorneys know just how much these issues matter for you and your family, and we have the legal expertise you need to prepare and protect your legacy.
Call us today at (727) 381-2300 or schedule a consultation online and talk with one of our top rated Estate Planning & Probate Attorneys.