Wills, Trusts, and Estates
Life is unpredictable, make sure your family is secure. Having a will or trust guarantees that your choices are legally effective. MC & J helps you tailor an estate plan that fits your needs. Our firm specializes in creating estate plan packets that will ease the administration of your estate. This includes living wills, revocable trusts, last will and testaments, and durable power of attorney.
There are many services that MC & J can offer you. You may have many questions. what is a last will and testament? what is a revocable trust? what is durable power of attorney? which if any are right for me? MC & J is here to provide the information you seek to secure your future. See below for more detailed information.
A commonly known as a will, allows you to decide to whom and how your assets are distributed. Without a will, your assets are distributed in accordance with Florida’s intestate Statutes. This may exclude loved ones or close friends that you wish to benefit from your estate. With a will, you can eliminate the uncertainties and distribute your estate securely.
Wills can always be changed by a codicil. A codicil is an addition or supplement that explains, modefies, or revokes a will or part of one. A codicil is easy to execute and allows you to always be in control of your estate.
Most Florida Wills are self-proving, meaning that it has an attached affidavit signed by a notary public stating that you will was validly signed and certify it is is your will. If self-proved, a probate court will not need witnesses to your will to appear in court to verify your will. MC & J has notaries in-house to make the process easier for you.
A revocable trust is created during the creator’s or trustor’s lifetime. Creating a revocable trust allows the property within the trust to avoid a costly and timely probate process. By avoiding probate, the trustor not only avoids the cost of probate itself, but also minimizes their tax exposure. One big difference between a will and a trust is that a probate court will publish a will so that anyone can look it up. A revocable trust will remain private.
a revocable trust means that the trustor can make changes to the trust during their lifetime. Those changes include transferring property back into the trustor’s name, changing provisions in the trust, or terminating the trust entirely.
Power of Attorney is a substantial legal document document that allows another person to act on your behalf. A durable power of attorney allows your agent to handle your personal business. For example, a durable power of attorney allows your agent to manage your property and distribute your trust accounts. In the event that you are unable to manage your affairs, a durable power of attorney allows your agent to make decisions on your behalf.
Modern Attorneys for Modern Life.
120 E Robinson Street, Orlando, Fl 32801
407-476-7224 / 407-698-6698