Our Estate Planning and Probate attorneys representing Temple Terrace believe that your assets should be safeguarded against bankers, predators, separation, and even the poor decisions of your beneficiaries themselves. We believe that you, not the government, should decide how your possessions are distributed when you pass on. Your estate should not be disected by onerous death duty, and your life savings should not be exhausted in order to acquire lasting treatment. Our estate planning attorneys can help you safeguard your legacy and your loved ones.
We provide Administration, Litigation and Estate Planning services to Temple Terrace Families.
Administration in Temple Terrace
The administration of an estate after a loved one or someone dear to you passes away might be tremendously stressful. At a time when you are more concentrated on mourning, you may quickly find that getting the affairs of a loved one in order are far more complex than just funeral preparation. You may be confronted with legal terms and requests for information that are unfamiliar to you, adding a piece of confusion to your distress. 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 fulfill your responsibilities and distribute possessions of the departed 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 execute 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, distributing your money and property to your heirs, and more.
It’s crucial to choose a reliable, 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 on, 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. Simply put, probate is a procedure wherein a court supervises the distribution of a departed person’s assets and the paying of their unpaid debts. However, this procedure may be quite convoluted. It can even be difficult to know if it is necessary, but the experienced Estate Planning and Probate attorneys serving Temple Terrace are here to help.
Trust administration in Florida pertains 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 vast array 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 may be liable for damages brought on by faulty managing of trust assets or improper trust administration.
Litigation in Temple Terrace
If you think 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 asap. Doing this will provide you with the legal skills 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 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 rights have been violated, then you should contact a Beneficiary Rights attorney as soon as possible.
Elder Abuse in Temple Terrace
If you have a hunch or know that someone in your life has been the injured party 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 Temple Terrace
If a Trustee has failed to supply 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 inaccurately created or managed, you will need a Trust contest attorney to prove its invalidity. Doing this will allow you to file a lawsuit and fight for your legacy.
Temple Terrace Trustee Defense
If you’re a Trustee facing incriminations of mishandling, fraudulence, breaches of fiduciary responsibility, self-dealing or some other mismanagement, then you may want to speak to 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 eradicate the Trustee to safeguard your rights as a beneficiary.
If you think your inheritance rights have been mismanaged, you will require the experienced assistance of a Florida Will contest attorney. Doing so will allow you to file a petition that could change the way the estate is distributed.
Temple Terrace Estate Planning
If estate planning is something you would rather not think about, try just imagining the laws of the state of Florida controling what happens to your property, who administers your estate, even who becomes the legal guardian of your children. An organization with no direct connection 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 possibility can manifest in ways you would never have planned, 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 Temple Terrace Estate Planning & Probate Attorneys cover every element of Estate Planning, including but not limited to:
An Advance Directive is an oral or written statement. This statement will explain how you want your medical resolutions to be made when you become incapable of arriving at these resolutions yourself.
Asset Protection Planning is an ethical and legal process that involves reviewing 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 passing on administration tasks to an team member or group of employees.
Charitable Lead Trust
A charitable lead trust is an irrevocable trust designed to provide financial support to one or more charities for a time period, with the remaining assets inevitably going to family members or other beneficiaries.
Charitable Remainder Trust
A charitable remainder trust is a tax-exempt irrevocable trust devised to reduce the taxable income of individuals by first dispersing income to the beneficiaries of the trust for a specified time period 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. 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 specifies 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 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 future medical care that a individual ought to 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 designated beneficiaries that can not be altered or revoked except if there is a mutual understanding between all impacted parties.
Last Will and Testament
A last will and testament is a lawful document detailing your desires concerning assets and dependents after your death.
A living trust is a lawful documentation, or trust, produced 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 pass assets down to your heirs while keeping away from taxes. Our Estate Planning & Probate Attorneys can help you with LLC Formation.
A pet trust is a legally sanctioned setup providing for the care and maintenance of one or more companion animals in the occasion of a grantor’s incapacity or fatality.
Power of Attorney
A power of attorney may possibly be a useful resource that permits you to be involved in monetary transactions. This tool is important when you can not attend to sign papers.
Qualified Personal Residence Trust
A Qualified Personal Residence Trust or QPRT is a special kind of irreversible trust that has been created 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 techniques to transfer wealth to your designated recipients during your lifetime and at demise.
Our Estate Planning & Probate Attorneys Provide Service to Temple Terrace Residents
For you 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 attorney. Our Estate Planning & Probate attorneys recognize how much these difficulties 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 chat with one of our top rated Estate Planning & Probate Attorneys.