Have you ever wondered what it will be like to not have a say in distributing your assets when you pass away? If yes, then you have come to the right place. Stop wondering because, at IMUDIA LAW, you can rely on our attorneys to help you draft estate planning documents, including trusts and wills.
If something unexpected were to happen, it is wise to ensure beforehand that you and your family will be taken care of. It is easy to put off things for tomorrow that do not impact you today. However, it’s important to ensure that the right decisions are made for the future of your estate.
With professional and experienced real estate attorneys at IMUDIA LAW, you need not fear the legal process ahead. We have answers to your estate planning questions.
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Estate planning requires close attention and it needs to be handled carefully as the matters are very personal because they typically involve the death of a loved one or the incapacitated. Working with an experienced attorney can minimize the client’s confusion and anxiety in this area of law.
IMUDIA LAW offers multiple services in this practice area, some of which include:
Also known as last will and testament, a will can help you protect your family and property. A will can be used to::
If you die without a will in Florida, your property’s fate will be determined by the state “intestacy” laws. According to Florida’s intestacy law, your property is given to your closest relatives, beginning with your children and spouse. In case you have neither of them, your property goes to your parents or your grandchildren. The list continues with distant relatives such as siblings, grandparents, cousins, aunts and uncles, and relatives of your spouse. If the court finds that you have no living relatives by blood or marriage, then your property will go to the state.
Our attorneys can help you with the drafting of the will and keep a copy of your will in case your family cannot locate your copy. We can handle complications involved in cases where minor children are involved and issues with estate tax implications. Our estate planning lawyers know the inside and out of the law and can help you iron out the issues which you want to include in the will but are contrary to Florida Law.
Trust, on the other hand, is a legal agreement under which a person known as trustee holds the title to property legally for another person called the beneficiary. You can be the trustee of your own trust and have full control over all the property held in the living trust.
A living trust is created when you are alive, and not at your death under the terms & conditions of your will. The beneficiaries of your living trust will receive the property held in trust after your death. At the same time, an irrevocable trust cannot be revoked or modified after signing it. These trusts can be useful for reducing taxes among many benefits.
For more information about living trusts, contact us without delay!
It is a legal document delegating authority from one person to another. The principal or maker of power of attorney grants the right to act on behalf of the maker. It must be signed by the principal along with two witnesses, and a notary must acknowledge the signature of the principal for a power of attorney to be valid under Florida Law.
Florida has unique requirements for powers of attorney that may make the whole of your power of attorney or part of it ineffective in this state. The agent you named in a power of attorney can only exercise the authority explicitly granted to the agent. The general provisions mentioned in a power of attorney do not afford specific authority to the agent. Moreover, certain powers like changing beneficiary designations, creating trusts, making disclaimers, and making gifts must be signed separately by the principal.
Under Florida Law, there are different types of powers of attorney, including:
Our Tampa lawyers at IMUDIA LAW can provide you with the help you need regarding the enforceability of powers of attorney. If you need any advice to understand what type of power of attorney is right for you, feel free to contact us.
Florida Guardianship Lawyer or Attorney helps families to deal with an incapacitated family member. It also involves taking care of minor children. Any adult in Florida may file a petition with the court to determine the incapacity of another person setting forth the facts upon which they lay their belief that the person is incapacitated. In many instances, individuals or companies may take advantage of elderly persons by taking control of their personal assets through guardianship. Such cases may result in disputes, and the individuals’ actions against the elderly may have grave repercussions.
Where issues of guardianship are involved and a petition is filed, the court appoints a committee of three individuals to evaluate the alleged incapacitated person, and a report based on their findings is submitted to the court by the committee. The appointed usually include two physicians and at least one person with knowledge of the type of incapacity to give an expert opinion. An attorney is also appointed by the court to represent the person alleged to be incapacitated.
If the committee concludes that the alleged person is not incapacitated in any way, then the court dismisses the petition. On the other hand, if the person is incapable regarding certain rights, then the court hears the case to determine whether the person is partially or totally incapacitated. The court appoints the guardian at the end of the incapacity hearing.
Our attorneys at IMUDIA LAW specialize in dealing with cases involving guardians of nursing home residents in Florida. Nursing home neglect is a rampant issue. Although some nursing homes provide compassionate and professional living environments to their residents, there are many who do not.
Under Florida Law, you have clear legal rights as a guardian. Your parents, as nursing home residents, have clear rights as well. If you find yourself in any such situation where you have to take action on behalf of your parents, our attorneys are there to help you out.
Since estate planning can be a delicate subject, our attorneys offer clients the various strategies in planning their estates. We work closely with clients in planning their estates. We help them maximize their value, minimize taxes, and eliminate the accumulation of high court costs.
IMUDIA LAW is the go-to firm to protect or have control over your estate during your lifetime and beyond. Our attorneys will help you accomplish this by writing documents that allow you to transfer property and money to children, charities, or others in a way that you desire.
At IMUDIA LAW, the client comes first. Going above and beyond is a requirement at our firm in meeting our clients’ needs.
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