Wills and trusts are both methods of transferring your assets to a beneficiary when you pass away. These legal options should be planned well in advance with the assistance of a wills and trust lawyer familiar with Florida’s laws.
Centonzio Law has worked with countless clients to create the estate planning documents they need to pass things to their loved ones after death. Call us today at 727-900-7290 or use our online contact form to reach out and schedule a time to get started preparing for your legal needs.
Wills & Trust Lawyers for Your Estate Planning Needs
Legal documents often contain complicated language; however, this language is necessary to convey instructions and information to the court, creditors, and other legal professionals. Therefore, you need someone who can clearly explain the language presented in legal documents.
Centonzio Law has a team of Largo wills attorneys who can assist you in drafting your documents and making sure they are valid.
The Benefit of a Wills & Trust Lawyer
You don’t need a large estate to benefit from a trust attorney. Lawyers understand the law and can ensure your documents abide by it, eliminating any confusion when you pass away. This ensures that your wishes will be carried out regarding your assets.
We Expedite the Process
Working with a trust lawyer at Centonzio Law can also save you time and money. We have created a process of drafting documents for wills and trusts that address our clients’ needs. We won’t waste time, and we will provide the exact services that you need.
Our Wills & Trust Legal Services
Centonzio Law is a full-service will and trust law firm in Largo, Florida. This helps you avoid the hassle of wasting time with multiple legal professionals and going to different law firms for similar services. Here are some of the services we provide as a full-service firm.
Help Drafting Your Will & Trust
We will help you draft will and trust documents that meet all your needs. First, we will sit down with you to learn your goals. Then, we review the information you have provided to develop a customized estate plan to meet your specific goals. Finally, we will draft your estate plan documents for you and help you get them finalized.
Examine Documents to Abide by State Law
If you already have a will or trust agreement that you’d like examined, we can help with that as well. Circumstances in your life, such as marriage or divorce, may require changes to your existing estate plan. We ensure that your documents abide by state law, and we will guide you on how to best adapt your estate plan to your specific situation.
Ensure Your Last Wishes are Granted
Your goal with a will or trust is to ensure that your last wishes are met regarding the property you worked so hard to obtain. Centonzio Law will prepare legal documents that make sure this happens when you pass away.
I was in the Marine Corps with Javier Centonzio many moons ago, before 9/11. He was a highly motivated and highly respected leader in his unit. Someone you could depend on to get the job done, and done well, no matter the circumstance. When the balloon goes up, he is a man you want on your side.
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How to Create a Will & Trust in Largo, Florida
Both wills and trusts have specific legal requirements to be considered valid. We understand the law regarding wills and trusts in Florida, and we will draft effective estate planning documents for you. Then, you review the documents we have drafted, and we can help you get the documents finalized.
Differences Between a Will and a Trust
Both wills and trusts legally transfer assets after you die. However, there are key differences.
Defining a Will
A will is a written legal document that describes how you want your affairs handled and assets distributed when you pass away. This may include things like:
- What do you want to be done with your home and other real estate property
- Who should take care of your pets and care for your children
- Other instructions regarding your assets or affairs after death
Can You Avoid Probate with a Will?
A will does not avoid the probate process. Most of the assets named in a will still have to go through probate and are vulnerable to taxes and claims by creditors. Once created, wills should be updated periodically or where there is a life-changing event.
Defining a Trust
A trust is a fiduciary relationship created by a written legal document where the trustor gives a trustee (person managing the trust) the right to property or assets for the benefit of a third party (the “beneficiary,” of which there may be more than one). Trusts may also dispose of real property, personal property, and other assets.
Can You Avoid Probate with a Trust?
Some trusts can avoid probate, taxes, and creditor claims. A trust allows the trustor to have more control of assets; however, they are more expensive to establish and must be actively managed.
A living trust is commonly used in estate planning. It is a type of revocable trust that places your property and/or assets into a trust during your lifetime. Upon death, those assets are automatically passed on to the trustee, who can then distribute them to the beneficiaries.