Pensacola Wills and Trusts Attorneys

If you do not have a will, there are statutes in place to determine the distribution of your possessions after you die. It is possible that these statutes may distribute your property in ways you never intended. If you have children, a will is even more important in providing for them. Your family will be grateful and you will have peace of mind when you have one of our experienced attorneys draw up your will.

Living Will

When you are healthy, executing a living will may be the furthest thing from your mind. A living will is often completed at the same time as a will and expresses your desires concerning end of life decisions. The attorneys at FloridaProbateSite.com work to guide you and your family efficiently through the necessary legal proceedings. Contact our Pensacola wills and trusts lawyers today. We serve all of Northwestern Florida.

Helping You Avoid Probate

Probate is the process of administering a person's estate. Upon an individual's death, the probate court will appoint a personal representative who is responsible for:

• Taking possession of the estate
• Valuing and inventorying estate assets
• Notifying creditors
• Filing tax returns
• Distributing estate assets

Having your estate go through probate can mean extra time spent and costs incurred. It also means some information about your estate will be public record. Depending on the size of your estate and the complexity of your assets, you may wish to avoid probate. It is important to note that executing a will does not avoid probate.

Florida Revocable Living Trusts Lawyers

Trusts have been around for centuries and are now extremely common. For a person who has the desire or need to avoid probate, creating a revocable living trust is often the recommended plan. Like a will, a revocable living trust controls how much of your estate will pass your death.

You will name a successor trustee to manage your trust's affairs after your death. By transferring your assets to the trust you no longer own them, the trust does. After your death, the trust acts as a will and controls the disposition of your assets. Since title to your assets is in your trust's name, and not your name, your assets will not pass through probate.

In conjunction with creating a revocable living trust, you will execute a "pour over will." The pour over will is a "catch-all" to capture any assets that were not transferred to your trust during your life. The pour over will pours over any assets in your estate to your trust. Your trustee then distributes the assets of the trust according to the terms of the trust document. Within your pour over will, you may also designate one or more guardians to care for your minor children.

Experienced Estate Planning Guidance

Your estate plan is too important to trust to the filing of online forms. We strive to draft, in a timely manner, estate planning documents completely individualized to your specific needs. Contact the Florida revocable trusts attorneys at FloridaProbateSite.com to schedule your free consultation. With our help, you can get on living your life with confidence that you have properly provided for your loved ones.

FloridaProbateSite.com
Operated by Litvak, Beasley & Wilson, LLP
226 East Government Street
Pensacola, FL 32502
Phone: 850-308-1677
Toll Free: 866-717-9528
Fax: 850-432-9830
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