Trust Preparation Attorney in Jupiter, Florida
The Law Office of Richard S. Weinstein, P.A. assists clients in Jupiter, Palm Beach County, and the surrounding areas with a variety of estate planning needs including trust preparation. A trust is another tool we can use to ensure that your wishes are carried out after your death or incapacitation. A trust may also be used to provide for beneficiaries and protect your property during your lifetime in addition to avoiding probate.
Richard Weinstein has extensive experience in trust preparation and he can help you choose the right type of trust to meet your needs and goals.
Choosing the Right Type of Trust
Because the laws governing trusts in Florida are complex, you need an estate planning attorney with extensive experience in trust preparation to assist you in choosing the type of trust that meets your specific needs and goals. There are several different types of trusts you can choose from depending on what you want to accomplish. Each type of trust has a different purpose and may have advantages and disadvantages depending on your specific circumstances.
Examples of some of the types of trusts you may discuss during a trust preparation consultation include:
- Revocable Trust – Also known as a living trust, a revocable trust can benefit your heirs during your lifetime and the terms of the trust can be changed or revoked at any time.
- Irrevocable Trust – This type of trust can also benefit your heirs during your lifetime but, as the name implies, this type of trust cannot be changed or revoked once you sign the trust documents.
- Testamentary Trust – A testamentary trust is created by your will and becomes effective upon your death.
- Charitable Trust – Some people use a charitable trust to lower or avoid taxes in addition to benefiting one or more charities.
- Special Needs Trust – A special needs trust is used to care for a disabled beneficiary.
- Pet Care Trust – You may provide for the care and upkeep of your pet after your death by executing a pet trust. The trust names a trustee who has the responsibility of using the funds in the trust for the care and upkeep of your pet after your death.
Do You Have Questions About Florida Trust Preparation?
Trust preparation can be a complicated process if you are not familiar with the laws governing trusts in Florida and the various types of trusts and their purpose. The Law Office of Richard S. Weinstein, P.A. can answer your questions about Florida trusts and trust preparation. Contact us by telephone 561-745-3040 or online to schedule a consultation with an experienced Jupiter estate planning and trust attorney.