Estate Planning Lawyers Answers Estate Planning FAQs
Jacksonville Estate Planning Lawyers
Estate Planning Lawyers in Jacksonville, Florida Answer Estate Planning FAQs
Jacksonville estate planning lawyers answer many questions about estate planning in Florida. Through the answers provided in this section you can learn about basic estate planning, the differences between will based planning and trust based planning. You will learn about disability planning and the importance of advance directives, including durable powers of attorney, designations of health care surrogates, HIPAA releases, living wills and other important documents for you to plan for your potential incapacity.
Some of the questions that will be answered by our estate planning lawyers included information about charitable planning, including charitable remainder trusts, charitable lead trusts, and private foundations, among other forms of charitable planning.
Our estate planning lawyers will provide substantial information about various types of trusts including revocable living trusts, irrevocable trusts, grantor retained annuity trusts, irrevocable life insurance trusts (ILITs), intentionally defective grantor trusts, special needs trusts, and different trusts that are available for Medicaid and VA benefits planning.
There also is information provided by our estate planning lawyers about estate taxes and estate tax planning, including questions about the Federal gift tax, and some comparisons between the gift tax and the estate tax. We examine through the information provided some of the issues involved in estate tax planning that allows the legal avoidance of estate taxes, gift taxes, and the generation skipping transfer tax. Generational planning, through the use of dynasty trusts, is explored is some of the questions asked.
There also is information about wills and wills based planning that is provided in this section by our estate planning lawyers, as well as options other than trusts for obtaining probate avoidance. The risks and pitfalls of those other options are also examined.
You’ll learn the differences between ownership as tenants by the entirety compared to tenants in common or joint tenants with right of survivorship; and the differences between payable on death designations, beneficiary designations, and transfer on death designations. Through the information that our estate planning lawyers will provide you in this section, you’ll learn about the importance of seeking professional counsel in this legal area of myriad rules that are difficult for even most attorneys to follow and understand.
Take your time as you browse through the various videos and topics to learn about estate planning in all of its major components. If at any time you have a question that you cannot find an answer within these materials, please call our estate planning attorneys at (904) 448-1969, or toll free at (866) 510-9099, or email us with your questions at Info@TheColemanLawFirm.com.
Thanks for visiting our site and we hope you find information that meets your needs.
Happy Birthday America – May your 4th of July be Inspirational
Best Wishes from The Coleman Law Firm for an enjoyable and patriotic celebration of the birth of America. We encourage you to review America's Declaration of Independence that provides the foundation for so many of our freedoms as Americans. To honor our Life,...
How to Challenge or Contest a Will in Florida Probate Courts
How do you contest a will where you had a loving relationship with your mother and she always said she would leave everything to you and your siblings. After she died, you discover she had recently written a new will, leaving everything to her housekeeper. Is there...
Memorial Day – Remember and Honor Those Who Sacrificed Their Lives While Serving in the U.S. Military
Happy Memorial Day to all - Please Remember and Honor those who sacrificed their lives while serving in the U.S. Military protecting the freedoms we enjoy in this nation.
Asset Protection Tips for Physicians, Business Owners, and Professionals
These three asset protection tips can help physicians, business owners, and other professionals protect their assets from various types of creditors. Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught...
What Can a Special Needs Trust Pay For?
A special needs trust, sometimes called a supplemental needs trust, is designed to provide a person with a disability the funds to enhance her quality of life while at the same time allowing her to remain eligible for needs-based public...
Is Now the Time to Update Your Trust Plan?
A special needs trust, sometimes called a supplemental needs trust, is designed to provide a person with a disability the funds to enhance her quality of life while at the same time allowing her to remain eligible for needs-based public...
Guns and Dementia: Dealing With An Elderly Loved One’s Firearms
There are several reasons why you should update your trust or perhaps your entire estate plan. While estate planning documents do not necessarily have a shelf life, they may not fulfill your goals when your circumstances change. You cannot avoid the need to update...
What do the 2018 Midterm Elections Mean For Your Estate Plan?
Having an elderly loved one with dementia can be scary, but if you add in guns and firearms, it can also get dangerous. To prevent harm to both the individual with dementia and others, it is important to plan ahead for how to deal with any weapons. ...