If you’re interested in estate planning in Miami, Florida, but don’t know where to start, we’ve got you covered!
In this brief and informative video, Miami estate planning attorney, Denise Jomarron, discusses the key differences between wills and trusts. Denise explains that while wills and trusts both allow you to outline how your assets will be distributed after your death, trusts offer some important benefits over wills.
With a will, your estate will go through probate after you pass away. Probate is a public court process that can be lengthy and expensive. Trusts avoid probate. Assets in a trust are transferred according to the instructions in the trust document and do not go through the probate process.
Denise also explains that assets in a trust are private, while your will becomes a public record during probate. A trust can also help protect your assets from potential creditors after your death. With a will, your beneficiaries have to wait until probate is complete to receive their inheritance. A trust allows assets to pass to beneficiaries right away according to the terms of the trust.
Get started on your estate planning journey today. Take the first step and call us or visit our website to schedule your initial consultation.
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At Denise Jomarron Legal Group, we specialize in bringing the law to your corner. We are dedicated to understanding your needs, the needs of your family, and explaining what actions we can take on your behalf. We will work with you every step of the way to make certain you are satisfied and confident about your future.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.