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Fort Lauderdale Trust Attorneys

Lawyer for Revocable Living Trusts in Wilton Manors

Lawyers for Trusts and Estate Plans in Pompano Beach and Throughout Broward County

Trusts are rapidly becoming a more popular choice for transferring assets after death. The expense and difficulty of the probate process associated with wills is driving more and more estate planners to choose trusts. Trusts are also rather malleable, and there are many types of trusts with nearly endless purposes a trust could serve. There are a number of benefits to using a trust or trusts as part of your comprehensive estate plan, with probate avoidance and flexibility being at the top of the list.

The Law Office of Miller & Miller, P.A. is highly experienced in creating customized trusts for clients. Our attorneys will take the time to assess your personal, individual situation and tailor-design the trust documents you need.

Revocable Living Trusts

A revocable living trust is created during the grantor's lifetime. Unlike a will, which has no legal effect until the testator has died, a revocable living trust has an immediate impact. When you "fund" your trust, the title to that property is owned by the trust as soon as the papers are signed. During your lifetime, you can use the trust to manage your property. Because the trust is revocable, you will remain free to move property in and out of the trust, change beneficiaries, or outright revoke the trust.

You may serve as your own trustee and manage the trust property yourself, or you may appoint someone else. If you are serving as your own trustee, you will appoint a successor trustee. Should you become incapacitated or pass away, the trustee or successor trustee retains access to the trust. This trustee will be able to manage your financial affairs throughout incapacity or follow a simplified process to distribute assets to your beneficiaries upon your death.

The attorneys at the Law Office of Miller & Miller, P.A. are experienced in managing the creation of revocable living trusts. If a revocable living trust makes sense for you as part of your customized estate plan, our firm can help.

Minor's and Special Needs Trusts

When you have minor children or a special needs dependent, a trust may be your best legal option for making sure their needs will be met in the future. These trusts allow you to both create a fund for your loved one's care and appoint someone you trust to manage it.

Our attorneys are skilled at drafting trust documents specifically designed to provide for a child or adult with special needs. The Law Office of Miller & Miller, P.A. recognizes the importance of making sure your vulnerable loved one is cared for. We will strive to create the perfect trust for your family's unique needs so that you can relax, knowing your child or special needs family member is going to be cared for.

Irrevocable Trusts and Dynasty Trusts in Wilton Manors

Irrevocable trusts function similarly to revocable living trusts, except that once this type of trust is created, it cannot be amended or altered. Florida law provides for a special kind of irrevocable trust called a dynasty trust. Dynasty trusts are a long-lasting form of trust designed to move wealth seamlessly through many generations while minimizing tax burdens. The Law Office of Miller & Miller, P.A. is highly knowledgeable about this unique type of Florida trust and excited to help our clients take advantage of it.

Call a Fort Lauderdale Lawyer for Trusts

The Law Office of Miller & Miller, P.A. understands that every individual's estate planning needs are entirely unique. We will take the time to listen to your wishes and create custom trust documents to meet your needs. Contact us at 954-981-9301 to schedule a free consultation. We serve clients throughout Broward County and the surrounding areas from our Fort Lauderdale office.

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