When you have assets to pass on to your loved ones, protecting those assets from unnecessary government interference, taxes and unwanted beneficiaries is important, regardless of the size of your estate. At Westchase Law P.A., our trusts and estates attorneys help you develop a sound strategy for your estate and execute it in accordance with Florida law.
There are several different types of trusts for you to choose from when deciding what to do with your estate. A trust is a legal document that gives beneficiaries the right to specific property. Our trust administration attorneys explain the pros and cons of each option and help you tailor your estate plan to meet your individual needs and goals. Some types of trusts to choose from include:
Before you begin the process of making plans for your estate, speak with our knowledgeable trusts and estates lawyers. We develop sound legal strategies to give you peace of mind in knowing that your assets are protected and will be distributed to your selected beneficiaries.
Trusts protect your estate on two fronts. Most importantly, a well-executed estate plan in Florida enables your beneficiaries to avoid expensive estate taxes. On the other hand, trusts protect beneficiaries from themselves. Because the trust becomes the owner of the property held within the trust, you can protect your home and money from other liabilities. We help you develop a carefully planned strategy for your estate that prevents creditors from taking the trust if beneficiaries file for bankruptcy, and protects your beneficiaries from unwisely using the trust’s assets.
Having a sound estate plan eases the burden on your loved ones and ensures your wishes are carried out. The estate attorneys and skilled staff at Westchase Law P.A. in Lutz and Tampa help you develop an effective estate plan suited to your needs. For an initial consultation, call us at 813-563-1491 or contact us online.