#TrustLawyer

[porziowealth]

When to Consult a Trust Lawyer for Estate Planning

Estate planning is a crucial step in securing your assets and ensuring your loved ones' future. Consulting a trust lawyer at the right time can help you avoid legal pitfalls and maximize financial protection. At Porzio Planning, we provide expert guidance on wills, trusts, and asset protection to create a comprehensive estate plan tailored to your needs. Whether you’re starting your estate planning journey or need to update an existing trust, our experienced team at Porzio Planning is here to help. Learn when and why consulting a trust lawyer is essential for safeguarding your legacy.

[edwardslawfirm]

Trusted Trusts and Estates Attorney in Virginia – Edwards Law Firm

Edwards Law Firm offers exceptional legal services in trusts and estate planning. With a client-focused approach and a dedication to justice, we provide personalized solutions to secure your family’s future. Whether you're planning a will, creating a trust, or handling probate, our experienced attorney ensures a seamless process tailored to your needs.

Read more: https://www.edwardslawva.com/

[reynalawcom]

Living Will Lawyer

[lreedbloodworth]

What You Should NOT Do When Someone Dies

https://lawyerfightsforyou.com/what-you-should-not-do-when-someone-dies/ (Orlando, Florida) (Winter Haven, Florida) Attorney L. Reed Bloodworth, the Managing Partner of Bloodworth Law, PLLC, discusses legal topics the law firm handles for clients across the state. 

 In this video, Attorney L. Reed Bloodworth and the Bloodworth Law Trust and Estate Litigation and Estate Planning team share a list of things that you should NOT do when someone dies. 

 Here is a shortlist of NO-NOs: 

#1 Don’t empty accounts 

#2 Don’t pay creditors 

#3 Don’t make decisions

If someone you care for has passed away, talk with an experienced probate or trust attorney so that you know what you should and should not do. 

[lawofficesocdis-blog]

Know the basic of trust amendments to protect  your assets.

[yeelawgrouppc-blog]

Three Things to Consider When Writing a Will

Preparing to write your will requires some thought and preparation. It’s important to carefully consider what you need to include in your will before you specify your last wishes. Passing on without a will can create a lot of difficulties for your family. Below are three things you may wish to keep in mind when preparing your will:

1.    Identify Your Assets

It is advisable to list your financial assets and the approximate value of each. They may include any or all of the following:

●     Bank accounts

●     Investments

●     Credit cards

●     Retirement funds.

It is also wise to list any loan or mortgage for which you are responsible. In today’s world, it is also common to have digital and biological assets.

1.    Frozen embryos and sperms for fertility treatment are considered as biological assets.

2.    Digital assets are online bank accounts, domains, and social media accounts that generate money.

If you have significant assets such as an estate, company, or a car, it is important to identify whether you own them independently or jointly. Jointly-owned properties cannot be included in your will. (Make sure that your asset information and certificate of title for your properties are readily available to members of your family to avoid delays when they are urgently needed.)

2. Be Careful in Selecting Guardians and Trustees

Many people write their first will after the birth of their first child. This documents their wishes for their children if they pass on. Naming the legal guardians of your kids is a vital part of your will. There are many considerations to take into account when choosing a guardian for your child which is outside the scope of this blog post.

You may not wish to name the same person as your trustee and child’s legal guardian. For some, the concern is that having the same person fulfill both roles could cause a conflict of interest.

3. List Your Beneficiaries and Their Asset Allocation

Beneficiaries are the people who benefit from your assets. They may also include organizations or charities that you wish to benefit from your will. The share of the assets to each recipient is expressed as a percentage of their value or as a specific dollar amount if the asset is to be liquidated.

If you include a minor as a beneficiary, the executor is tasked with the responsibility of administering the assets of the minor until they become of legal age. It is crucial to list all the names and contact details of your beneficiaries to ensure that your wealth and estates are distributed to the right parties.

After preparing your will, it is advisable to meet with your lawyer to review it and again once every five years. They will advise you accordingly in case of changing property and tax laws. They will also guide you if a significant life-changing situation occurs like the birth of a child or the death of a family member who is included in your will.

[calihomes]

Gereatric Care Consultants from Wendy Sanjur on Vimeo.

Consult with experts before making a decision with your loved one care! #caregivers#getiatricdoctors#surgeons#trustlawyers#assistedlivings#calabasasseniorcenter#woodlandhillsseniorcenter#eyedoctors#hearingaidsdoctor#beveryhillsseniorcenter#attorneys#seniorcaregivers#malibuseniorcenter#alzeheimersassociation#dementia#elderly#elderlyclub#elderlyfamily#

[timothywholt-blog]

Timothy W. Holt - Attorney and Counselor at Law at TrustLawyers, PLLC

[lawofficesocdis-blog]

Do you know what happens when trustee violates the laws of a trust?

[jacksonvillelawyer001-blog]

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[calihomes]

Geriatric Care Consultants from Wendy Sanjur on Vimeo.

Consult with experts before making a decision with your loved one care! #caregivers#getiatricdoctors#surgeons#trustlawyers#assistedlivings#calabasasseniorcenter#woodlandhillsseniorcenter#eyedoctors#hearingaidsdoctor#beveryhillsseniorcenter#attorneys#seniorcaregivers#malibuseniorcenter#alzeheimersassociation#dementia#elderly#elderlyclub#elderlyfamily#

[lawofficesocdis-blog]

Check out these tips for avoiding trust litigation and protect your estate.

[lawofficesocdis-blog]

Discover information so you can understand the  duties and responsibilities of a trust lawyer!