Wills And Trusts

Having an estate plan in place can bring incredible peace of mind to you and your family. A properly drafted estate plan means that your wishes will be carried out, but it also means that your family will be saved the costs, stress and infighting that often come with dividing property through the probate process.

In Florida, the probate process can be expensive and take a great deal of time. Even summary administration can tie up assets for six to eight weeks. And formal administration lasts much longer - potentially six to eight months - a cost of $3,000 or more.

All this time and expense can be avoided when your lawyer drafts a will and trust that meet your needs. At The Law Office of Brian W. Hurd, in Merritt Island, this is what I do. I have dedicated my career to representing people throughout central Florida by protecting their interests and helping them avoid the probate process.

Your Last Will And Testament

Your will - your "last will and testament" - identifies your assets and the people those assets should be distributed to upon your death so that there are no questions about how property should be divided. With a will in place, your assets can be distributed according to your wishes. Things can be done exactly the way you'd like, not just left up to the discretion of a judge.

Your will can also communicate your wishes for a funeral or memorial service, put a guardianship in place for your children and set money aside in a trust to support your children if you are not there to care for them.

Trusts

Legally speaking, there are many different types of trusts to meet many diverse needs. One of the most common trusts drafted at my firm is a living trust, also called a revocable trust or an inter vivos trust. A living trust is created for a person while he or she is alive. It serves as an arrangement under which another person (called a trustee) holds legal title to another person's property.

The law is complex and can be confusing. Under the law, you can be the trustee of your own living trust and keep full control over the property involved, but with certain advantages. Having a trust in place can help you avoid probate, reduce estate taxes, protect assets or set up long-term property management.

Contact A Merritt Island Attorney Regarding Your Trust Or Will

To contact The Law Office of Brian W. Hurd, call 321-252-4687 or toll free at 877-409-1022 to speak with a knowledgeable Brevard County will and trust attorney. You may also complete an online contact form.