Florida Trusts and Estates Attorney Helping You Plan
Preserving your family’s wealth for future generations
You work hard for your family, so knowing that you have planned for their long-term well-being and financial security can bring you comfort. We thoroughly analyze your estate and strategize the best means of transferring your assets, minimizing taxes, caring for your pets, supporting personal philanthropic causes and protecting your loved ones.
Using a variety of tools to protect your assets
Every client who walks in our door has a different set of assets, goals and ideas about protecting their wealth. Sonia M. Pawluc will work closely with you to develop an estate plan that meets your unique needs. Our plans take into account your investments, your business interests and other income-generating assets. Solutions often involve a combination of tools, including wills and trusts. She will assure your family is protected and your wishes are carried out.
Understanding the benefits of trusts
While everyone needs a will, many people want additional control of their estate. Trusts offer the ability to direct how your assets and estate are controlled and distributed over time. There are many types of trusts, but the two most common types are:
- Revocable trusts. This tool allows you to place your property into a trust while still maintaining control over it on a day-to-day basis. You can manage your own revocable trust and even move your assets in and out as you wish. Once you pass away, the trust will be administered according to your specific instructions by a person of your choosing.
- Irrevocable trusts. A more powerful tool, irrevocable trusts are designed to prevent any changes once they are created. Once you transfer your property into this type of trust, you can no longer access it. Instead, a trustee that you appoint will be in charge of managing the trust according to the trust document.
There are different tax implications to consider with each type of trust. There are also other types of trusts designed specifically for passing property between spouses. We help clients understand their options and design the trust or trusts that are right for them.
Changing your will
As your life changes, so might your estate plan. You may need to update your estate planning documents periodically to address any changes in your financial situation, marital status, number of children, philanthropic interests and general lifestyle decisions.
Contact an estate planning law firm you can trust
For estate planning services in Stuart and throughout Florida, call Sonia M. Pawluc at 772-463-2600 or contact us online to schedule a consultation.