Gregory A. Ebenfeld, P.A.
Serving Clients In Southeastern Florida Talk To Attorney Gregory A. Ebenfeld Today. Call 954-998-1588.

Understanding The Benefits Of Trusts

One of the first things we tell our clients is that a trust can be as flexible as their needs require. Yet choosing the right trust requires the counsel of an experienced attorney. We take the time to listen to your concerns.

Finding The Right Trust For You

Trusts can be created for many different types of assets, including retirement accounts, life insurance, real estate and other financial assets. Different trusts also offer different benefits, such as asset preservation, long-term care needs, protection from creditors, higher educational goals and probate avoidance. We can help you evaluate multiple factors to find the trust that best accomplishes your goals and fits your financial situation.

Some of the trust and estate issues we have helped clients with include:

  • Estate planning
  • Executorship duties
  • Living wills
  • Living trusts
  • Medicaid income trusts
  • Medicaid personal service contracts
  • Probate
  • Probate and will disputes
  • Special needs trusts
  • Revocable living trusts to avoid probate
  • Wills drafting and execution

Ensuring Your Trust Works With Your Entire Estate Plan

We have the experience to design a trust that functions as part of a comprehensive, multifaceted estate plan. In your last will and testament, we will specifically define the scope of each component in your estate plan. For example, a testamentary pour-over clause in your will may direct that any unaccounted for assets should be transferred into a trust. Your will may also name a guardian for the care of your minor children, perhaps accompanied by a trust set up specifically for their care.

Exploring Living Revocable Trust Options

Many estate plans can also benefit from a living revocable trust. In this trust, you can name yourself as both the trustee and beneficiary. That allows you to retain complete control over every aspect of the trust during your lifetime, including its terms, its beneficiaries, the selection of assets you choose to transfer into or out of the trust principal, and even whether you revoke the trust instrument entirely. Only after your passing will the trust become irrevocable. At that time, the successor trustee you named will make distributions pursuant to trust's instructions, without having to go through probate.

Contact An Experienced Trusts Attorney

For estate planning services in Hollywood, Florida, call Gregory A. Ebenfeld, P.A., at 954-998-1588 to schedule a free initial consultation, or contact us online.

Set Up A Free Initial Consultation Today

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