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How To Fund A Revocable Trust

By Legacy Protection, LLP |

One of the main reasons people create revocable trusts is to help their loved ones avoid the probate process when they pass away. Probate is a time-consuming and expensive process and many people want to protect their loved ones from it. Revocable trusts are one of the best ways to do this, but if… Read More »

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Advantages And Drawbacks Of A Durable Power Of Attorney

By Legacy Protection, LLP |

In Florida, a durable power of attorney is an important estate planning tool. This legal document will allow you, as the principal, to designate another person, who will become your agent, to manage your legal and financial affairs in the event that you cannot manage them on your own. While these legal documents are… Read More »

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Estate Planning Tips For New Parents

By Legacy Protection, LLP |

Welcoming a new child into your life is one of life’s biggest blessings. While a child brings immense joy, it also has a host of responsibilities and these require careful planning. As a new parent, estate planning is one of the most important things you can do today to protect yourself, and the rest… Read More »

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A Checklist For Business Succession Planning

By Legacy Protection, LLP |

As a business owner, a business succession plan is critical for a seamless transition if you ever decide to leave the business. If you do not have a business succession plan, your family and co-owners may not know how to act if you become disabled, retire, or pass away. Without a business succession plan,… Read More »

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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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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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