Our Estate Planning and Probate attorneys representing Pinellas Park believe that your assets should be safeguarded against financial institutions, predators, divorce, and even the poor decisions of your beneficiaries themselves. We believe that you, not the government, should decide on how your assets are distributed when you pass on. Your estate should not be gutted by onerous death duty, and your nest egg should not be exhausted in order to acquire lasting treatment. Our estate planning attorneys can help you protect your legacy and your loved ones.
We provide Administration, Litigation and Estate Planning services to Pinellas Park Families.
Administration in Pinellas Park
The administration of an estate after a loved one or someone dear to you dies might be immensely difficult. At a time when you are more focused on mourning, you may quickly find that getting the affairs of a loved one in order are far more involved than just funeral preparation. You may be encountered with legal terms and requests for information that are unfamiliar to you, adding a piece of confusion to your suffering. An knowledgeable 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 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 wishes after you pass on. Whenever you die with a legally-valid will, a judge 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 choose a trustworthy, 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 through which a court overlooks the distribution of a deceased person’s assets and the paying of their financial debts. Unfortunately, this procedure may be rather convoluted. It can even be difficult to know if it is necessary, but the experienced Estate Planning and Probate attorneys serving Pinellas Park 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 can be liable for damages brought on by improper handling of trust assets or inappropriate trust administration.
Litigation in Pinellas Park
If you think your legal 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 this will provide you with the legal abilities 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 vital that you speak to 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 Pinellas Park
If you speculate or know that someone in your life has been the injured party of Elder Abuse, then you should contact an Elder Abuse attorney to protect them and their finances as soon as possible.
Trust Accounting Disputes in Pinellas Park
If a Trustee has neglected to provide you with accounting information or you presume mismanagement, then you should speak to 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 inheritance.
Pinellas Park Trustee Defense
If you’re a Trustee dealing with incriminations of mishandling, fraudulence, breaches of fiduciary duty, self-dealing or some other mismanagement, then you may wish to speak with a Trustee Defense attorney.
If a Trustee has violated 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 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 may change the method the estate is distributed.
Pinellas Park Estate Planning
If estate planning is something you would rather not think about, try 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 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 prospect can materialize in ways you would never have imagined, leaving your final wishes 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 Pinellas Park Estate Planning & Probate Attorneys cover every element of Estate Planning, consisting of 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 decisions yourself.
Asset Protection Planning is an clean and legal process that involves reviewing your financial holdings and restructuring them to ensure 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 created to provide financial support to one or more charities 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 designed to reduce the taxable earnings of people 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. In truth, this term is used for denoting trusts that are developed to stay for generations.
A generation-skipping trust is a sort 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 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 future medical care that a individual ought to 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 certain 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 named beneficiaries that can not be modified or repealed unless there is a mutual understanding between all affected parties.
Last Will and Testament
A last will and testament is a lawful document describing your wishes concerning assets and dependents after your passing.
A living trust is a lawful document, 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 preventing 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 event of a grantor’s handicap or demise.
Power of Attorney
A power of attorney may be a useful tool that allows you to be involved in monetary transactions. This tool is significant when you can not attend to sign legal documents.
Qualified Personal Residence Trust
A Qualified Personal Residence Trust or QPRT is a special kind of irreversible trust that has been manufactured to eliminate 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 transfer assets to your designated beneficiaries during your lifetime and at passing.
Our Estate Planning & Probate Attorneys Serve Pinellas Park Residents
For you to guarantee 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 understand 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.