Dania Beach Wills & Trusts, Estates & Probate Lawyers
Talking about estate planning can be difficult. After all, it involves death, a subject that many people don’t like to talk about. If you knew what happens to people’s assets who die when they don’t have a proper estate plan in place, you would think twice about hesitating to get an estate plan. You don’t have to be elderly to create an estate plan. In fact, since the unexpected can happen at any time, the sooner you have one, the better it will be for your survivors.
Planning an estate
We assist individuals, including domestic partners and business owners, with their estate and probate needs. People will often come to us to structure their estate taxes. For most Americans, the estate tax is something they will never have to worry about. As of 2016, you need around $5.45 million in assets before you have to worry about the estate tax. For high-net-worth individuals, the estate tax can be financially debilitating, taking out a massive amount. Though all situations are unique, we can help structure your estate so that you pay only a small amount of estate tax. In some cases, you may even be able to completely avoid it.
We also help people in domestic partnerships handle their estate plans. Domestic partnerships have few protections from the probate court. Usually, there must be an existing marriage relationship or a blood relationship to have the law on your side. But there are many couples who rely on each other for financial support who aren’t related or romantically involved. If one of the partners dies, the survivor could be left out in the cold.
We won’t let that happen. Our team specializes in estate plans for domestic partnerships. We can help you with the necessary tax shelters and asset protections to give the surviving partner rights to the deceased’s assets. Estate planning is also useful early in a domestic partnership as well. If the partnership should split up, the plan can act like a prenuptial agreement. This lets the court divide assets according to the will of the partnership rather than the rules of probate.
Creating a will
We utilize a variety of estate planning tools to accomplish your goals, including:
- Pour over wills
- Revocable and irrevocable trusts
- Spendthrift clauses
- Joint ownership
- Business succession planning
- Living wills and DNR orders
- And many other planning tools
Due to the complexity and legal language required to set these up, we recommend that you speak with an attorney skilled in these matters so that you can ensure nothing goes wrong.
We also provide executorship services. An executor is a person responsible for carrying out the instructions left behind in an estate plan. If you believe your family will not carry out your orders for whatever reason, having a neutral third-party handle your final affairs can be invaluable.
Zuckerman Law serves the citizens of Dania Beach and the entire South Florida region with their estate planning and probate issues. Schedule a free confidential consultation with an experienced estate planner by calling us at 954-922-1975 . You may also fill out the form on our Contact Us page.