WILLS AND TRUSTS
Create a Proper Will or Trust with an Estate Planning Lawyer
At Paul M. Cowan & Associates, P.A. we are committed to helping our clients keep their families and property well-protected. Our legal team of representatives can do this by assessing your individual situation and creating a will or trust that best caters to your specific needs. As part of a proper estate plan, these legal documents offer you a chance to better prepare for the future. Our Miami estate planning lawyers can put their 50+ years of combined experience to work for you. Now is the time to learn more about wills and trusts so that you can prepare for life’s uncertainties and protect your loved ones and assets.
About Last Wills and Testaments
A will also referred to as a last will and testament, is a set of instructions that gets left behind to your loved ones after you pass away. This legal document keeps your family and property protected and reflects your exact instructions including the following:
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How do you want your assets distributed;
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The name of an executor to handle your affairs;
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The name of a trusted guardian to take care of your minor children;
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The name of a trusted individual to watch over the property of your minor children.
We can help you create a simple or complex will that does not leave your family unprotected and left with the responsibility of fighting in court for the property they are entitled to.
Types of Trusts in Florida
Trusts are extremely useful when it comes to protecting your assets. Our Miami probate lawyers have the knowledge and resources needed to create a trust that best suit your individual needs and effectively protects your valuable assets. At Paul M Cowan, we can assist you in creating various types of trusts, including but not limited to:
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Revocable Trust: This type of trust holds your assets and allows you to manage them and take out money when needed. You are also allowed to make changes to the terms of your revocable trust as well. A successor trustee is appointed to step in and manage your assets if you become incapacitated and take over when you pass away.
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Irrevocable Trust: Unlike a revocable trust, you are not allowed to make changes to an irrevocable trust. When you put assets into this trust, you are removing your rights to ownership. When you pass away, the successor trustee makes sure that the assets are properly distributed to the beneficiaries.
Whether you want to discuss your options with an estate planning lawyer or you want to create a will or trust, our legal team can help. At Paul M Cowan & Associates, we can provide you with the resources and intimate knowledge needed to create a legal document of your choice. Our goal is to keep your family and estate protected. Let us help ease you into the process and get you started in creating a legal document of your choice.