Our Estate Planning and Probate attorneys representing Lutz strongly believe that your assets should be protected against collectors, predators, separation, and even the poor decisions of your heirs themselves. We feel that you, not the government, should decide on how your assets are distributed when you pass away. Your estate should not be disected by burdensome death duty, and your life savings should not be depleted for you to obtain long-term medical care. Our estate planning attorneys can help you protect your legacy and your loved ones.
We provide Administration, Litigation and Estate Planning services to Lutz Families.
Administration in Lutz
The administration of an estate after a family member or someone dear to you dies might be immensely difficult. At a time when you are more concentrated on grieving, you may quickly find that getting the affairs of a loved one in order are a lot more complicated than just memorial service preparation. You may be confronted with legal terms and requests for information that are unfamiliar to you, adding a piece of confusion to your suffering. 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 obligations 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 carry out your desires after you pass. When you pass away with a legally-valid will, a judge will approve the executor you’ve named in it to act on it. This could include paying outstanding debts with the money left from your estate, distributing your money and property to your heirs, and more.
It’s vital to choose a reputable, 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 be distributed according to the laws of the state of Florida, under a process called probate administration. In other words, probate is a procedure through 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 complicated. It can even be difficult to know if it is necessary, but the experienced Estate Planning and Probate attorneys serving Lutz are here to help.
Trust administration in Florida pertains to the duties and procedures by which a successor trustee a living trust accomplishes the terms of the trust document. A successor trustee of a living trust has a wide variety of powers and obligations which become effective upon our death or incapacity of the trustmaker or grantor. The trustee has a legal duty to the trust beneficiaries that include proper administration of trust assets. The trustee may be liable for damages as a resulted of faulty managing of trust assets or inappropriate trust administration.
Litigation in Lutz
If you believe your rights have been disregarded as a beneficiary in a Will or Trust in Florida, then you should contact an Estate, Trust & Trustee Litigation attorney asap. Doing so will provide you with the legal expertise 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 believe your rights have been disobeyed, then you should speak to a Beneficiary Rights attorney as soon as possible.
Elder Abuse in Lutz
If you suspect or know that someone in your life has been the target of Elder Abuse, then you should speak with an Elder Abuse attorney to protect them and their finances as soon as possible.
Trust Accounting Disputes in Lutz
If a Trustee has fallen short to supply you with accounting information or you presume malpractice, 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 legacy.
Lutz Trustee Defense
If you’re a Trustee dealing with allegations of mishandling, fraudulence, breaches of fiduciary duty, self-dealing or some other mismanagement, then you may wish to consult with a Trustee Defense attorney.
If a Trustee has disobeyed their fiduciary duties or performed irresponsibly, then a Trustee removal attorney can file an action to eradicate the Trustee to protect your rights as a beneficiary.
If you feel that your inheritance rights have been violated, you will require the experienced 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.
Lutz Estate Planning
If estate planning is something you would rather not think about, try just imagining the laws of the state of Florida dictating what comes about to your property, who administers your estate, even who becomes the legal guardian of your children. An organization 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 prospect can manifest in ways you would never have intended, leaving your final desires unsatisfied and your family members possibly uncared for. Effective estate planning provides you the chance to prepare for these contingencies as well as the opportunity to cement your legacy. Our Lutz Estate Planning & Probate Attorneys cover every aspect of Estate Planning, including but not limited to:
An Advance Directive is an oral or written statement. This statement will illustrate how you want your medical resolutions to be made when you become incapable of arriving at these verdicts yourself.
Asset Protection Planning is an ethical and legal process that entails evaluating your financial holdings and restructuring them to make sure that you can get legal exemptions.
Business Succession Planning
Business succession planning is a strategy for handing down leadership duties 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 amount of time, with the remaining assets eventually 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 people by first dispersing income to the beneficiaries of the trust for a specified amount of time and then donating the remainder of the trust to the designated charity.
You might have heard that “dynasty trust” is a phrase 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 specifies any person 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 monetary instrument used in estate planning to reduce taxes on large financial gifts to family members.
Health Care Directives
Health care directives are written or oral instructions that give instructions regarding the potential medical care that a individual should get when he/she is not in a place to make a choice.
Intentionally Defective Grantor Trust
An intentionally defective grantor (IDGT) allows a trustor to disconnect specific trust assets in order to segregate income tax from estate tax treatment on them.
An Irrevocable Trust is an agreement between a settlor, trustee and designated beneficiaries that can not be changed or negated except if there is a mutual understanding between all affected parties.
Last Will and Testament
A last will and testament is a legal document outlining your desires concerning assets and dependents after your passing.
A living trust is a legal record, or trust, produced during an individual’s lifetime where a designated individual, the trustee, is granted responsibility for managing that individual’s assets for the benefit of the eventual beneficiary.
An LLC can help you pass assets down to your heirs while steering clear of 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 disability or fatality.
Power of Attorney
A power of attorney could be a useful tool that allows you to be included in monetary transactions. This tool is significant when you can not be present to sign documents.
Qualified Personal Residence Trust
A Qualified Personal Residence Trust or QPRT is a unique kind of irreversible trust that has been developed to eliminate the value of your prime residence or a secondary property from your taxable estate.
Transfer Tax Planning
Transfer tax planning involves using various tax-favored techniques to move assets to your intended beneficiaries during your lifetime and at death.
Our Estate Planning & Probate Attorneys Provide Service to Lutz Residents
In order to guarantee that your 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 challenges matter for you and your family, and we have the legal experience you need to prepare and protect your legacy.
Call us today at (727) 381-2300 or schedule a consultation online and speak with one of our top rated Estate Planning & Probate Attorneys.