A standalone revocable living trust is an excellent way to avoid probate. You maintain full control of the trust and the real estate title in the trust while you are living. When you pass away the trust passes to the successor trustee that you name.
Wills – You should decide who gets your property, not the state. Planning ahead may be difficult, but it avoids tough decisions for your family and friends. Preparing a will requires professional judgment, which can only be obtained with years of training and experience. Ned Hale and our team of real estate lawyers can get you moving in the right direction.
If you’re not from Florida, it would be a wise decision to have your will reviewed by Ned Hale. A will must be properly executed in strict compliance with Florida laws in order to be probated, and we can make sure this is taken care of for you properly.
Living Wills – A Living Will is a declaration that addresses whether or not you want medical professionals to use life-prolonging procedures in the event you are unable to communicate your wishes. It is a way to ensure that your wishes on this sensitive subject are heard.
Powers of Attorney – A Durable Power of Attorney can be used to designate someone else to handle your affairs if you become incapacitated. It is a very valuable tool to allow someone else to take care of your business if you cannot.
Health Care Surrogate – A Health Care Surrogate allows you to designate a representative to make health care decisions on your behalf if you are unable to do so.
Enhanced Life Estate Deeds – This is usually the simplest way to avoid probate for your most important asset: Your home. It essentially creates a “payable on death” designation for your real estate. You have a life estate in the property, wherein you can sell or refinance your property and retain all proceeds. Then, when you pass, the property automatically goes to your heirs as listed on the deed. No expensive or time-consuming probate. No trust hassles or expenses.
Frequently Asked Questions About Estate Planning FirmWhat is Estate Planning?
Estate planning involves the counsel of professionals to determine how the assets will be managed, preserved, and distributed after the death of the person. It includes preparing wills, power of attorney, life estate deeds, and other important legal documents. Our estate planning lawyers in Fort Myers can help you better understand more about real estate planning and offer reliable guidance.
Who Needs Estate Planning?
Many people have the misconception that real estate planning is only for those who are reaching the end of their life. In actuality, you should start planning your estate in your 30's. Moreover, as your estate grows, it can become more complicated to manage your property. Hence, it helps to plan and hire professional real estate attorneys for a smooth and hassle-free experience.
How Can an Attorney Help Me with Real Estate Planning?
Real estate laws are very specific and complex, and require the help of an experienced professional. Real estate attorneys are well-versed with state laws and leave no room for mistakes. The advice of a real estate lawyer can come in handy to avoid any legal troubles. They will protect your interests and can help you save money and hassles.