Categories for Estate Lawyer

Will vs. Living Trust: What Is Right for You?

August 7, 2020

A will is a written document that indicates how property is to be distributed after you die. Living trusts provide property management throughout life and after death, which can prove handy if you become incapacitated. When you are deciding between creating a will or a living trust in Miami, FL, you will likely find appealing attributes to both. However, what’s best will depend on your situation. Here are five factors to consider when deciding which estate planning vehicle works best for you: Assets: A living trust only works if you place assets into it. If you are planning more to... View Article

What Is a Trust?

April 22, 2020

Estate planning involves a lot of different relationships and documents, all carefully chosen to ensure that you and your beneficiaries receive the maximum amount of benefits with the least amount of hassle and tax liability. One of these types of legal relationships is called a trust. What exactly is a trust, and should you ask your estates and trusts attorney in Miami, FL to set one up for you? Read on to learn more. How a trust works A trust is a relationship between at least three people: first, the trustor, who wants to give property or money to a... View Article

What Is Guardianship?

February 11, 2020

Even when you’re young and healthy, things can happen that may incapacitate you or a loved one. If you’ve never given thought to whom you might want to be responsible for you, should you be unable to make your own medical or legal decisions, you might want to consider designating a potential guardian in your living trust. A guardian is a person who is allowed to make legal decisions on behalf of an incapacitated person, and can either be appointed by the court or designated in a living trust. Just like having a will, it’s always smart to designate a... View Article

Rubén J. Padrón, PA