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What Is A Pour-Over Will And A Trust?

By Legacy Protection, LLP |

Drafting a living trust as the foundation of your estate plan has multiple benefits for many people. One of the biggest advantages is that when a living trust is properly executed and funded, it can help your loved ones avoid the probate process. Probate is a court-supervised process that can create delays for your… Read More »

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How Can A St. Petersburg Probate Administration Lawyer Help?

By Legacy Protection, LLP |

Probate is a legal process that is often necessary after a person passes away. If there is a will, the probate process will validate it before distributing the decedent’s estate in the appropriate manner. Probate can take anywhere from a couple of months to over a year, and the length of time really depends… Read More »

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Benefits Of Designating A Health Care Surrogate

By Legacy Protection, LLP |

Creating an estate plan is an important step to secure your future and ensure that your wishes are respected. Certain estate planning documents, such as a will, can ensure that your property is distributed in the manner you wish and that your child has a guardian that becomes effective upon your death. However, there… Read More »

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Five Estate Planning Strategies To Preserve Your Wealth

By Legacy Protection, LLP |

You have spent a great portion of your life accumulating wealth and assets. It is critical to have an estate plan in place that protects all of your property, so it is not subject to unnecessary taxes, creditor claims, and other factors that can chip away at your loved ones’ inheritances. Below, our St…. Read More »

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Unique Estate Planning Needs For Business Owners

By Legacy Protection, LLP |

As a business owner, estate planning is an extremely important part so you can secure your legacy and ensure your business interests are managed properly after you pass away. For business owners, creating an estate plan involves unique factors and obstacles, as any plan must also address the complicated nature of business ownership and… Read More »

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ThingsToConsider

Factors To Consider When Choosing A Guardian For Minor Children

By Legacy Protection, LLP |

Drafting a will has many benefits. One of these is that you can designate a guardian for your minor children in the event that you and your partner pass away. If this happens, your guardian will step in and take on a parental role, essentially raising your child and providing them with the support… Read More »

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Is It Ever Too Late To Create An Estate Plan?

By Legacy Protection, LLP |

Preparing your estate planning documents is a task that many people easily put off for another day. In many cases, this is often because people think they do not need a plan just yet, and that there is still plenty of time to create one. Many people think they are too young to need… Read More »

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How To Choose The Right Estate Planning Lawyer

By Legacy Protection, LLP |

If you have started thinking about creating an estate plan, you may think about using the different templates you can find online. Unfortunately, people who use these templates often make mistakes, or do not understand the law and so, they do not have the protection they thought they did. When creating your plan, it… Read More »

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Documents Your Child Needs After Turning 18

By Legacy Protection, LLP |

When your child turns 18 years old, they are no longer a minor and will gain many rights. After turning 18, your child will have full authority over their legal, financial, and medical decisions. You can no longer make decisions for your child at this point, nor will you have access to their privileged… Read More »

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TaxLoophole

How To Avoid Capital Gains Tax When Inheriting Property

By Legacy Protection, LLP |

Inheritances are meant to provide family members with a bit of financial security after a loved one passes away. Although people usually benefit from the inheritances that are left to them, there are times when inheriting property can be more stressful than a person thought. For example, even the most well-intentioned inheritances can result… Read More »

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