Our Estate Planning and Probate attorneys serving Palmetto strongly believe that your assets should be safeguarded against lenders, predators, divorce, and even the poor decisions of your inheritors themselves. We feel that you, not the government, should decide on how your possessions are distributed when you pass away. Your estate should not be disected by burdensome death taxes, and your life savings should not be exhausted so as to obtain 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 Palmetto Families.
Administration in Palmetto
The administration of an estate after a family member or someone dear to you ceases living may be tremendously nerve-racking. 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 complex than just funeral preparation. You may be encountered with legal terms and requests for information that are unfamiliar to you, adding a little confusion to your heartache. An qualified administration attorney at Battaglia, Ross, Dicus and McQuaid, P.A., is here to help dissect and explain the process to ensure you can smoothly satisfy your responsibilities and disperse possessions 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 wishes after you pass on. Whenever 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, distributing your money and property to your beneficiaries, and more.
It’s essential to choose a reputable, organized individual you trust to be your executor. They’ll have an important role in making sure everything goes smoothly with your estate after your death.
When a loved one passes on, 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. In other words, probate is a procedure in which a court oversees the distribution of a deceased person’s assets and the paying of their financial obligations. However, this procedure could be rather complicated. It can even be challenging to know if it is necessary, but the experienced Estate Planning and Probate attorneys serving Palmetto are here to help.
Trust administration in Florida pertains to the duties and procedures by which a successor trustee a living trust carries out the terms of the trust document. A successor trustee of a living trust has a wide range of capabilities and responsibilities which become effective upon our death or incapacity of the trustmaker or grantor. The trustee has a lawful responsibility to the trust beneficiaries that include proper administration of trust assets. The trustee could be liable for damages as a resulted of faulty handling of trust assets or improper trust administration.
Litigation in Palmetto
If you suspect your rights have been violated as a beneficiary in a Will or Trust in Florida, then you should contact an Estate, Trust & Trustee Litigation attorney as soon as possible. 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 accusations 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 rights have been breached, then you should get in touch with a Beneficiary Rights attorney as soon as possible.
Elder Abuse in Palmetto
If you suspect or recognize that someone in your life has been the victim of Elder Abuse, then you should reach out to an Elder Abuse attorney to guard them and their finances as soon as possible.
Trust Accounting Disputes in Palmetto
If a Trustee has fallen short to provide 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. Doing so will allow you to file a lawsuit and fight for your legacy.
Palmetto Trustee Defense
If you’re a Trustee facing allegations of mishandling, fraud, breaches of fiduciary responsibility, self-dealing or some other misconduct, then you may want to speak to a Trustee Defense attorney.
If a Trustee has breached their fiduciary duties or performed irresponsibly, then a Trustee removal attorney can file an action to remove the Trustee to safeguard your rights as a beneficiary.
If you feel that 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 may change the method the estate is distributed.
Palmetto Estate Planning
If estate planning is something you would rather not think of, try just imagining the laws of the state of Florida determining 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 materialize in ways you would never have planned, leaving your final wishes unfulfilled 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 Palmetto Estate Planning & Probate Attorneys cover every element of Estate Planning, including but not confined 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 evaluating your financial holdings and restructuring them so that you can get legal exemptions.
Business Succession Planning
Business succession planning is a strategy for passing on administration roles to an employee or group of employees.
Charitable Lead Trust
A charitable lead trust is an irrevocable trust prepared to provide financial support to one or more charitable organizations for a time frame, 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 manufactured to minimize the taxable income of people by first dispersing income to the beneficiaries of the trust for a specified time frame and then awarding 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. In truth, this term is used for denoting trusts that are developed to stay for generations.
A generation-skipping trust is a type of trust that appoints someone 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 utilized 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 place to make a decision.
Intentionally Defective Grantor Trust
An intentionally defective grantor (IDGT) enables a trustor to isolate 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 designated named beneficiaries that can not be altered or revoked unless there is a mutual agreement between all impacted parties.
Last Will and Testament
A last will and testament is a lawful document outlining your wishes regarding assets and dependents after your passing.
A living trust is a lawful document, 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 beneficiaries while preventing taxes. Our Estate Planning & Probate Attorneys can help you with LLC Formation.
A pet trust is a legally sanctioned arrangement 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 can possibly be a useful resource that permits you to be included in monetary transactions. This tool is essential when you can not attend to sign documents.
Qualified Personal Residence Trust
A Qualified Personal Residence Trust or QPRT is a unique kind of irreversible trust that has been manufactured 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 strategies to move wealth to your designated recipients during your lifetime and at passing.
Our Estate Planning & Probate Attorneys Provide Service to Palmetto Residents
For you to ensure 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 difficulties 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 speak with one of our top rated Estate Planning & Probate Attorneys.