Our Estate Planning and Probate attorneys serving Trinity strongly believe that your assets should be safeguarded against creditors, predators, divorce, and even the poor decisions of your heirs themselves. We feel that you, not the government, should determine how your possessions are distributed when you pass away. Your estate should not be disected by onerous death taxes, and your nest egg should not be depleted in order to get long-term healthcare. Our estate planning attorneys can help you protect your legacy and your loved ones.
We provide Administration, Litigation and Estate Planning services to Trinity Residence.
Administration in Trinity
The administration of an estate after a family member or someone dear to you passes away 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 a lot more complicated than just funeral planning. You may be confronted with legal terms and requests for information that are unfamiliar to you, adding a little confusion to your heartache. 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 fulfill your responsibilities and disperse 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 wishes when you pass on. When you pass away 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 crucial 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. Put simply, probate is a procedure wherein a court overlooks the distribution of a departed person’s assets and the paying of their financial obligations. However, this procedure can be quite convoluted. It can even be challenging to know if it is necessary, but the experienced Estate Planning and Probate attorneys serving Trinity 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 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 caused by faulty managing of trust assets or inappropriate trust administration.
Litigation in Trinity
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 immediately. Doing so 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 accusations and claims as a Trustee, it is essential 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 your rights have been violated, then you should reach out to a Beneficiary Rights attorney as soon as possible.
Elder Abuse in Trinity
If you speculate or recognize that someone in your life has been the target 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 Trinity
If a Trustee has failed 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. Doing this will allow you to file a lawsuit and fight for your inheritance.
Trinity Trustee Defense
If you’re a Trustee experiencing allegations of mishandling, fraud, breaches of fiduciary responsibility, self-dealing or any other mismanagement, then you may want to consult 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 violated, you will require the experienced 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.
Trinity Estate Planning
If estate planning is something you would rather not think of, try imagining the laws of the state of Florida determining what happens 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 manifest in ways you would never have intended, 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 Trinity Estate Planning & Probate Attorneys cover every aspect 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 incapable of arriving at these verdicts yourself.
Asset Protection Planning is an ethical and legal process that entails evaluating your financial holdings and reorganizing them to make sure that you can get legal exemptions.
Business Succession Planning
Business succession planning is a strategy for passing on leadership roles to an team member or group of team members.
Charitable Lead Trust
A charitable lead trust is an irrevocable trust tailored to ensure financial support to one or more charitable organizations 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 designed to minimize the taxable earnings of people 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. Truthfully, 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 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 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 future medical care that a individual should get when he/she is not in a position to decide.
Intentionally Defective Grantor Trust
An intentionally defective grantor (IDGT) allows a trustor to isolate certain 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 unless there is a mutual agreement between all affected parties.
Last Will and Testament
A last will and testament is a lawful document outlining your wishes concerning assets and dependents after your passing.
A living trust is a lawful record, 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 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 event of a grantor’s handicap or passing.
Power of Attorney
A power of attorney can possibly be a helpful tool that allows you to be included in monetary transactions. This tool is essential when you can not be present to sign documents.
Qualified Personal Residence Trust
A Qualified Personal Residence Trust or QPRT is a special kind of irreversible trust that has been developed to do away with 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 wealth to your designated recipients during your lifetime and at passing.
Our Estate Planning & Probate Attorneys Serve Trinity 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 understand just how much these challenges 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.