A revocable trust is a fantastic way to establish and protect your assets. It serves as a convenient alternative to probate for your heirs and can even protect their inheritance from creditors. A revocable living trust can give you and your family peace of mind that your assets are safe and managed according to your terms after your death. With a properly drafted trust, you have the ability to provide clear instructions for your beneficiaries. And the best part? You can make changes any time throughout your life!
The Last Will & Testament must be admitted to the probate court in order to be enforced. During the probate process, the contents of any will and the probate process become public record. However, a trust avoids probate entirely. Instead, your assets are distributed directly to your beneficiaries. Since a trust is not submitted to court, it remains private and thus protects your legacy from public scrutiny. In addition, you can write your trust in such a way that beneficiaries are protected from creditors or lawsuits.
Contact an Estate Planning Attorney Today
The Florida Medicaid Planning & Elder Law Firm has a team of experienced Estate Planning and Elder attorneys. We understand how intimidating and uncomfortable this topic can be so we strive to make the process as easy and seamless as possible. Contact us to set up an appointment to evaluate your options. We serve the entire state of Florida – call us at (954) 999-9683 or email us at firstname.lastname@example.org
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