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Phone: 954-905-3898
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7777 Davie Road Ext,
Suite 301B
Hollywood, FL 33024
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Living Trusts Attorney In Hollywood, Florida
What Is A Living Trust?
Klein & Fortune PA in Florida offers a range of professional services for establishing living trusts, which serve as a convenient and cost-effective instrument for comprehensive estate planning. Unlike a testamentary trust, also known as a contingent trust, that only comes into effect after your passing, a living trust can be set up and funded while you are still alive. This proactive approach allows you to effectively manage your estate during your lifetime. Living trusts are not only a streamlined solution to cater to the diverse needs of your heirs, but they also provide you with absolute peace of mind, knowing that your assets will be distributed according to your wishes. Since you remain alive and well, you retain total control over all the assets held within your trust, treating them just as if they were still under your personal name. For a deeper understanding of how living trusts can benefit you and your family, reach out to one of the knowledgeable attorneys at Klein & Fortune PA, who are ready to guide you through the process and answer any questions you may have.
Call Klein & Fortune, P.A. at 954-905-3898 to schedule a consultation with a lawyer today.
What Benefits Do Living Trusts Provide to My Heirs?
With Klein & Fortune PA in Florida, establishing living trusts can greatly simplify the process of meeting your children's or other heirs' needs, providing a much smoother path without the headaches often associated with the probate process. This lengthy procedure can be both expensive and time-consuming, frequently dragging on for months, and in some cases, even years. For heirs who may be living far away, the overwhelming amount of paperwork required can add stress to an already difficult time. Additionally, living trusts offered by Klein & Fortune PA play a significant role in reducing your heirs' tax burdens, alleviating financial concerns that can arise during a period of mourning. By ensuring a more efficient transfer of assets, you can provide peace of mind for your loved ones. To gather more in-depth information and explore your options, we invite you to arrange a meeting with one of our proficient estate law practitioners at Klein & Fortune PA, who are ready to assist you in navigating this essential aspect of estate planning.
Does a Living Trust Benefit Me Now?
At Klein & Fortune PA in Florida, we provide you with the peace of mind that your assets remain under your control. A living trust is a powerful tool that ensures this control. When you put your assets into such a trust, you retain full control over them. In the event of a disability, a living trust steps in to meet your needs. Without a living trust or financial power of attorney, the probate court may dictate how your family can take care of you. With a living trust, you can nominate a trustee, usually a loved one or trustworthy friend, to manage your assets should you become incapacitated. The beauty of a living trust is its flexibility - it's revocable, allowing you to alter provisions or cancel it completely as your circumstances change. It’s an uncomplicated, powerful method to ensure your loved ones have control of your assets when you are no longer able to do so. Discover the tranquility that comes with a living trust. Discuss your requirements in a consultation with one of our estate planning attorneys at Klein & Fortune PA.
Have Questions?
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