Protect your family but creating a Will or Testamentary Trust. With a Will, you get to determine how your assets are distributed upon your death. A Testamentary Trust operates as a Will, however, if a beneficiary who is not eighteen (18) years old, the minor beneficiaries share of your estate will be held in trust until they reach the age of majority.
Maggard & Burgess, P.A. helps clients navigate the probate process. Many of our clients inherit real estate and have issues when they go to sell same. Contact us today so we can help you get the assets of your loved ones transferred as their Will or the Florida intestacy statues require.
Also commonly referred to as a living trust, a Revocable Trust is the most common trust used today. A Revocable Trust operates as its own entity and assets held by the trust will pass without the need of probate.