Estate Planning Attorneys, Wills & Trusts Lawyers – Jacksonville, Florida
The estate planning attorneys and Wills and trusts lawyers at The Coleman Law Firm, believe the proper definition of estate planning is for you (1) to control your assets while you are alive, (2) protect your assets for the benefit of your family and loved ones during your lifetime, (3) provide for the management of your assets and your own personal care in the event of an incapacity, and (4) to see that upon death your assets pass to the people you want to receive them, in the manner that you want, at the time you want, (5) with the least possible cost for Federal or Florida estate taxes and professional fees for probate attorneys and lawyers, and other professionals. The mission of the Jacksonville estate planning attorneys and Wills and trusts lawyers at The Coleman Law Firm, when planning an estate is to strive for our clients to achieve their estate planning goals and objectives consistent with that definition of estate planning.
The estate planning attorneys and Wills and trusts lawyers implement that mission when planning an estate. We engage our clients with comprehensive estate planning. Our Wills and trusts lawyers objective is to gain a complete understanding of your needs, desires, goals, and objectives. We also seek to understand your fears and concerns, as it relates to your family or your estate planning. We help you determine whether you need a will or complex trust, Federal estate tax planning, and otherwise assist you as your estate planning attorneys in determining what legal documents you need. Our attorneys may recommend Wills, revocable living trusts, durable powers of attorney, health care powers of attorney, and other estate planning documents needed to achieve your specific estate planning objectives.
Our estate planning attorneys focus is not exclusively on the passage of wealth at death. When planning an estate our Wills and trusts lawyers consider lifetime gifting (and the Federal gift tax), the estate planning needs and concerns for incapacity. We also evaluate elder law concerns for long term care and Medicaid planning. We review your circumstances to determine if there should be special needs planning for incapacitated family members. We understand the need for protecting assets during your lifetime. This is an element our estate planning attorneys review and discuss with you. Our wills and trusts lawyers encourage you to consider end of life decisions involving living wills and advance directives. We help ensure the value of your assets, and the wealth you have accumulated, will be available for you, your family and loved ones. As your estate planning attorneys, we are focused on your needs currently, as well as long term.
As experienced Florida estate planning attorneys, we start our professional attorney-client relationship with our estate planning clients by seeking to understand your individual circumstances. Your family members and relationships, your goals and objectives as they relate to the estate planning process are important. Those concerns help our Wills and trusts lawyers design an estate plan that fits your needs. Your fears and concerns about family members are equally important. Other areas of discussion with you include not only wills, trusts and probate, but potential incapacity. We explain the Florida guardianship laws to help you understand how those Florida statutes impact your estate plan. The discussion with you about how long term care planning, Medicaid planning, VA pension benefits may help define your options for long term care planning. Our estate planning attorneys want to know and understand your individual family members, their strengths, their weaknesses, their talents, their needs and their desires. Only by truly understanding the dynamics of your family can we then identify and help you understand the options under the applicable estate planning laws that are available. We believe it is important for you to know the options you have to deal with the specific estate planning circumstances that are unique to you and your family members.
We want you to gain an understanding of your own needs and desires. When you have learned about the advantages and disadvantages of the various estate planning tools and techniques, our estate planning attorneys will help you choose among the various estate planning tools that are available. Our Wills and trusts lawyers want to help you avoid probate, and, if appropriate, we will explain to you why you need a trust. We will show you how living trusts work in Florida. We will explore with you other options that are available under Florida estate planning law. Our objective is for you to achieve your estate planning goals and objectives, and deal with your fears and concerns. Then, we, as your estate planning attorneys, together with you, we design an estate plan specifically tailored to help you accomplish the purposes for which you started the estate planning process.
Our estate planning attorneys evaluate your needs for advance directives appropriate for your circumstances. Advance directives include a Florida durable power of attorney, designations of health care powers (health care power of attorney), declaration of pre-need guardian, and Florida living wills. Our Wills and trusts lawyers will explain the difference between a living will and a living trust, We will discuss with you the differences between a basic will, a complex will with testamentary trusts, or a living trust. From there we proceed to evaluate your potential needs for incapacity planning. With you, we look at advance directives for long term care planning. The issues dealing with elder law and long term care planning are evaluated. Together we decide whether your objectives can best be met: irrevocable trusts, revocable living trusts, life estate deeds, enhanced life estate deeds (lady bird deeds), or other appropriate planning techniques that work for you.
As your estate planning attorneys, we examine federal estate tax issues, as well as income tax planning issues. We then develop a blueprint for the Florida wills and trusts, and other appropriate ancillary estate planning documents that will be needed to accomplish the efficient transfer of wealth at death. It is our desire that you avoid probate, protect your assets during your lifetime, and provide for your care and the management of your assets in the event of your disability or incapacity.
If you have a family member or loved one who has special needs as a result of mental, emotional or physical disabilities, we will consider a special needs trust. Our estate planning attorneys will help you understand the benefits, and requirements, of special needs trusts (“SNT”). An SNT can help provide meaningful support for the disabled family member without causing the loss of public benefits to which they are or may be entitled. We will then prepare special needs trust documents that will provide support for your loved one. Such a trust will not cause a loss of public benefits should your loved one be eligible. We will provide guidance and instruction on the proper administration of such trusts. Finding an appropriate institutional trustee to properly manage the special needs trusts may be appropriate.
At each stage of the estate planning process our wills and trusts lawyers will take into consideration income tax implications, and possible estate taxes, We always evaluate each estate planning tool with regard to asset protection and wealth preservation. There is little benefit to having a great estate plan, if all of your assets can be easily lost to creditors. Proper titling or structuring assets to legally protect the assets against creditor claims can make all the difference. Our estate planning attorneys help you evaluate the opportunities for long term asset protection planning for the next generation, or successive generations, as well as generational planning, you can minimize taxes through successive generations. We help you identify and implement proper strategies for owning life insurance and other more complex estate planning tools where that is appropriate.
Our estate planning attorneys also help our clients evaluate options for charitable planning. Sometimes the objective is income tax savings, major philanthropy through private foundations, charitable trusts, donor advised funds, or supporting organizations. We can help you maximize the use of estate planning tools to accomplish those objectives.
Our estate planning documents, whether it be a last will and testament or a living trust, are designed to achieve the estate planning objectives, asset protection, special needs, or other goals that have been incorporated into your specially designed estate plan. Each legal document we prepare, whether basic will, complex will, revocable or irrevocable trust, is tailored to meet the specific requirements of your unique circumstances. The Florida wills and trusts documents that we prepare for you are so unique and specific to you and your estate planning goals and objectives, that we copyright each one of them.
So, if you want legal advice to prepare an estate plan that deal with your potential incapacity, for long term care, for asset protection, for income and estate tax savings, for wills and irrevocable or revocable trusts, you or your family member’s special needs planning, call us. We are the estate planning attorneys and wills and trusts lawyers you are looking for. Call us at (904) 448-1969 in Jacksonville, (386) 545-7004 in Palm Coast, or email us at email@example.com We’ll give you peace of mind so you don’t have to worry about whether your plan does what you want. Put our 30+ years of experience to work to help you design and implement a plan that gives you peace of mind.