Estate Planning Attorneys in South Florida
Secure Your Family’s Future: We Serve Pompano Beach & Fort Lauderdale.
At Bilu Law, we know planning your estate is one of the most important tasks you’ll undertake. We work to ensure each base is covered so that you can relax.
Our attorneys can create estate plans that facilitate the handling of:
We possess significant knowledge in this ever-changing area of law and can help you adjust your plan as time goes on and change is needed.
We handle estates from the simple to the complex and offer a wide range of services, including:
- Wills, Estates, and Trusts
- Durable Powers of Attorney
- Living Wills
- Health-Care Surrogates
- Charitable Gift Planning
- Estate tax Planning
- Revocable and Irrevocable Trusts
- Living Trusts
To get help from our estate planning attorneys in South Florida, reach out to Bilu Law online or by calling (954) 239-7386. We offer free consultations for all first-time clients. Our services are available in English & Spanish.
What Are the Benefits of Having an Estate Plan?
An estate plan is a vital part of financial management and provides peace of mind. Everyone’s circumstances are unique, so having an estate plan tailored to your circumstances can provide clear direction on how assets are to be divided upon death or in the event of incapacity.
Having an estate plan can:
- Ensure that your wishes are respected and followed
- Protect your assets from being depleted by taxes and other expenses
- Provide for family members who are dependent on you financially
- Help to reduce the amount of time it takes to transfer assets upon death or incapacity
- Provide clarity over the distribution of assets to beneficiaries
- Minimize taxes payable on the estate by utilizing strategies such as gifting and trusts
- Protect your interests if you become incapacitated by appointing a trusted person to manage your affairs
- Help establish guardianship for any minor children or disabled dependents
By having an estate plan in place, you can protect yourself, your family and your assets from unnecessary stress and disruption. An estate plan provides a way for you to take control of your financial future. It is in everyone’s best interest to have an estate plan tailored to their individual circumstances.
Wills & Trusts
Too many people wait to establish wills and trusts because they simply don’t want to think about them. But it is so important to put your wishes in a legal document so that they can be carried out and not challenged. Frankly, if your wills and trusts are not set up correctly, you might as well not have done them.
Who Needs A Will?
Often, people think that if they don’t yet have children, they don’t need a will. Everyone should have a will regardless of how many relatives they have or how they’re related to them. You may have assets you aren’t aware of that can be safely passed on to someone you care about, even a friend. If you die without a will, a court will decide how to distribute those assets.
One quite common situation occurs when one spouse dies, followed shortly by the death of the surviving spouse. Florida law says the first spouse’s assets go to the surviving spouse. But, when that second spouse dies, all of the assets go to the second spouse’s family. The first spouse’s family gets nothing.
How Does a Trust Work?
A simple will can make sure your assets go to whomever you wish. Trusts are also a vital planning tool. In many cases, trusts can save an estate a good deal of money on taxes. Our estate planning attorneys in South Florida can advise you on whether your estate and your goals warrant establishing a trust.
Then we can draft a trust that will achieve those goals. We handle revocable and irrevocable trusts and living trusts. We also will administer trusts on clients’ behalf.
Deciding Between a Will and a Trust
When it comes to estate planning, making the choice between a will and a trust is critical. An experienced South Florida estate planning attorney at Bilu Law has the skill and expertise to guide you through this decision with a personalized approach.
Why Create A Will?
A will is an official record that specifies your wishes for passing on your assets after your death. It appoints an executor to handle probate, settle debts, and guarantees that your assets are distributed in line with your wishes. Wills usually are simple and inexpensive, making them ideal for those with less complex estates.
Why Choose A Trust?
Trusts provide a comprehensive avenue for estate planning. They enable you to transfer assets to a trustee for specified management and distribution. Trusts offer benefits such as avoiding probate, maintaining privacy, effective asset management, and provisions for minors or beneficiaries with special needs. Additionally, trusts can offer potential tax advantages.
Which Option is Right for You?
The choice between a will and a trust depends on the complexity of your estate, your goals, and your personal preferences. For straightforward estates, wills can be a suitable choice. In contrast, trusts offer versatility and customization, making them ideal for scenarios involving multiple properties, blended families, or charitable intentions.
Speak With an Estate Planning Attorney in Pompano Beach
At Bilu Law, we extend a complimentary initial consultation to first-time clients help you make an informed choice about your estate plan. Our experienced estate planning lawyers are fluent in English and Spanish (Hablamos Español), ensuring clear communication.
With a proven track record and years of experience, our team understands that each situation is unique. We're committed to crafting tailored solutions that align with your specific needs and aspirations. Whether you choose a will or a trust, we are dedicated to providing comprehensive estate planning services that offer security and assurance for you and your loved ones.
Will, Estate & Trust Disputes
Legal disputes over wills or trusts can be even more devastating emotionally than financially to the parties involved. Whether you are the person disputing, or the person attempting to preserve the intent, emotions run high and are exacerbated by confusing probate laws.
Just the prospect of our own or a loved one’s death prompts psychological turmoil, sometimes pitting generation against generation and tearing families apart. Wills and trusts may be disputed by individuals who feel unfairly excluded from financial benefit.
Well-meaning people may make decisions about their estates in conditions of physical infirmity or emotional confusion, when they are not truly competent to decide such important matters. In the worst-case scenario, unscrupulous or self-serving people may be pressuring an elderly person in failing health to make bequests that do not reflect his or her true desires.
How Our Pompano Beach Will Dispute Attorneys Can Help
Any South Florida estate planning attorney at Bilu Law hasthe experience to see through emotional logjams, to review relevant documents and laws, and to advise you of your legal rights with honesty, respect, and compassion. We understand that disputes over wills and trusts come at a time of emotional turmoil.
Our will disputes lawyers have the judgment to help you make informed decisions. Regardless of the situation, we at Bilu Law know the pitfalls, and the sensitivity required in seeking resolution.
We have the expertise to analyze medical history, if that is relevant. And, consistent with our mission to find justice for our clients, we have the judgment to help you make informed decisions about estate litigation.
Living Will & Health-Care Surrogate
If you think telling your spouse how you want medical decisions to be handled when you are incapacitated is sufficient, you’d better think again. By creating a living will and appointing a health-care surrogate, you can be assured that your wishes will be carried out.
Doctors will know what measures to take, and your family will be reassured that this truly is what you want.
Under new federal privacy laws, appointing a health care surrogate is even more important. Doctors do not have to provide your family with vital medical information unless you have given them the right to do so.
This is increasingly a problem for parents of college-age children who cannot get medical information about their sick or injured children.
Our firm advises all adults to appoint a health-care surrogate. We can help prepare surrogate documents, as well as living wills, that will meet your desires. Speak with a seasoned South Florida estate planning attorney today.
Durable Power of Attorney
You never know when an injury or illness will leave you unable to communicate or to perform basic financial tasks.
Young or old, you should have a durable power of attorney giving someone you trust implicitly the responsibility for financial decisions should you become incapacitated.
A durable power of attorney is not difficult to enact, but the headache and heartache it can spare is priceless.
Want to know more about power of attorney? Reach out to a skilled South Florida estate planning lawyer as soon as you can.
Reach out to us online to learn more about how you can arrange a free consultation where we can discuss your legal objectives.