Fundamental Estate planning Naples Florida
There are many legal strategies involved
in Estate planning Naples
Florida, including wills, revocable
living trusts, irrevocable trusts, durable powers of attorney, and health care
documents. New clients often say that they do not have an estate plan. Most
people are surprised to learn that they actually do have a plan. In the absence
of legal planning otherwise, their estate will be distributed after death
according to Florida’s laws of intestacy. Of course, this may not be the plan
they would have chosen. A properly drafted estate plan will replace the terms
of the State’s estate plan with your own.
Trusts come in many “flavors,” they can
be simple or complex, and serve a variety of legal, personal, investment or tax
planning purposes. At the most basic level, a trust is a legal entity with at
least three parties involved: the trust-maker, the trustee (trust manager), and
the trust beneficiary. For the best Estate planning Naples Florida
visit the website.
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