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Phone: 727-461-3100
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Key West Executive Center
2706 Alternate 19 North
Suite 204
Palm Harbor, FL 34683
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Living trusts are invaluable instruments of estate planning that Anne Freeman, a dedicated attorney based in Palm Harbor, Florida, can assist you in setting up and funding throughout your lifetime. Unlike a testamentary (contingent) trust, which only becomes effective after your passing, a living trust offers a highly efficient and streamlined method to care for and provide for your heirs while you are still alive, ultimately giving you enhanced peace of mind regarding your estate.
As long as you are living, you maintain absolute control over the assets placed within your trust, managing them as if they were still directly under your own name. This flexibility and control can help you adapt to your changing circumstances over time. You are warmly invited to reach out and engage in a discussion about the benefits of living trusts with The Law Office of Anne Sunne Freeman to learn more about how they can safeguard your legacy and support your loved ones in the future.
Call The Law Office of Anne Sunne Freeman at 727-461-3100 to schedule a consultation with a lawyer today.
Living trusts pave the way for you to seamlessly cater to your children’s or other beneficiaries’ needs without the complications and delays associated with the probate process. Probate can be an expensive and lengthy ordeal, often extending over many months and, in some cases, even years. This extended timeline can add unnecessary stress to what is already a challenging situation, particularly if your beneficiaries reside a great distance away; the burden of overseeing significant paperwork from afar can become overwhelming. By setting up a living trust, you not only streamline the transfer of assets but also reduce the tax burden on your heirs, allowing them to navigate their inheritance without financial concerns at a time when they should be focusing on healing from their loss.
To learn more about how a living trust can benefit you and your loved ones, we encourage you to arrange a meeting with Anne Freeman, a dedicated estate planning attorney based in Palm Harbor, Florida, who can provide you with valuable insights and guidance tailored to your unique situation.
Alongside maintaining comprehensive control over assets placed into the trust, a living trust can also accommodate your needs should you become incapacitated. Without a living trust or financial power of attorney, the jurisdiction lies with the probate court to dictate how your family can care for you. By drafting a living trust, you can nominate a trusted individual, often a family member or a close friend, to manage your assets in the event you become incapacitated.
Living trusts are revocable, indicating their provisions can be effortlessly modified or completely annulled as your requirements evolve. It’s a straightforward, yet paramount way to ensure your loved ones have the authority over your assets when you no longer can. Gain deeper understanding about the tranquility that accompanies a living trust. Discuss your needs with The Law Office of Anne Sunne Freeman in Palm Harbor, Florida.
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Key West Executive Center
2706 Alternate 19 North
Suite 204
Palm Harbor, FL 34683
Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship.
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