Estate Planning

Estate Planning is undoubtedly one of the most emotional and delicate areas of law. ASR Law Firm continues to provide uncompromised legal advice and service while keeping in mind the sensitive nature of each client’s specific circumstance.

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Wills & Trusts

Florida residents who die without a valid will or revocable trust are considered to have died intestate leaving the distribution of their assets up to the probate court in accordance with state law and not necessarily as the deceased may have wished.

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Durable Powers of Attorney

A Durable Power of Attorney affords a specific person the power to act regarding medical care or finances while a person is mentally incapacitated. Contrary to an Ordinary (non-durable) Power of Attorney that automatically ends when the person granting it loses mental capacity, a Durable Power of Attorney remains effective only during the time the person is mentally incapacitated.

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Living Wills & Healthcare Directives

Protecting your loved ones is a central tenet of comprehensive estate planning. This includes shelter from having to make difficult medical decisions pertaining to end of life care. An experienced Florida Estate Planning Attorney can help families adhere to the wishes of loved ones as we age.

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Nominations of Preneed Guardian

A nomination of a Preneed Guardian allows a person to select a trusted individual to make both personal and financial decisions while they are unable to make such decisions on their own or to conduct their own affairs.

Image of a courthouse illustrating probate services available from Boca Raton's ASR Law Firm.

Probate

Probate is the court process of administering an individual’s Last Will and Testament or intestate estate. During this process, a person’s assets are identified, their final bills and taxes are satisfied and remaining assets of the estate are distributed in accordance with a valid existing will or Florida State Law. 

Advanced Asset Protection Planning

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Irrevocable Trusts

Irrevocable Trusts permanently transfers interest away from a grantor and cannot be modified or terminated without the permission of the beneficiary.

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Personal Residence Trusts

A Personal Residence Trusts allows a grantor to reside in a residence for several years while having transferred the property to beneficiaries whose rights will vest at a later date and is typically used to transfer a grantor’s residence out of the grantor’s estate while benefiting from a low gift tax value.

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IRA Trusts

Such accounts are designed to hold a grantor’s IRA accounts for the benefits of others upon their death.

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Dynasty Trusts

A Dynasty Trust is a longer-term trust that serves as a vehicle for a grantor to pass wealth from one generation to another without incurring transfer taxes.

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Life Insurance Trusts

Life Insurance Trusts are a type of irrevocable trust that is both the owner and beneficiary of a life insurance policy.

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Education Trusts & Qualified Tuition ("529") Plans

Unlike a 529 plan that encourages saving for future higher education costs through tax savings, an Educational Trust specifies that the trust funds are to be used for education purposes only, naming the beneficiaries and stating how the trust funds may be used.

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Asset Protection Trusts

Asset Protection Trusts encompass a wide range of legal structures used to avoid to lessen the effects of taxation etc. on the beneficiary.

Estate Planning Advisors

Comprehensive estate planning includes not only necessities of a common will or revocable trust, but regularly involves planning for disabilities and advanced directives, as well as, complexed asset protection and tax considerations.

Explore Our Most Popular Estate Planning Packages

Tips & Helpful Resources

4 Basic Estate Planning Documents

4 Basic Estate Planning Documents

Knowing where to start with your Estate Planning documents can be intimidating to many. But it doesn’t have to be! Explore these 4 basic estate planning documents for more information!Knowing where to start with your Estate Planning documents can be intimidating to...

Succession Planning for Small Businesses

Succession Planning for Small Businesses

Few businesses address the steps necessary to undertake effective succession planning for a multi-generational business to flourish. Learn more about this vital aspect of long term business planning.While many of us have our personal estate planning affairs in order,...

The Importance of Self-Proving Wills in the State of Florida

The Importance of Self-Proving Wills in the State of Florida

According to section 732.503 of the Florida Probate Code, a Will may be “self-proving” if it conforms to the legal requirements of creating a valid Will plus, in addition to signing the Will in the presence of two qualified witnesses, it contains an affidavit at the...

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