Posts Tagged ‘Tax’

At Wild Felice and Pardo, our Palm Beach estate planning lawyers offer skillful tax and personal advice that is designed for each of our client’s particular circumstances. Our primary objective is to enhance each of our client’s ability to transfer his or her wealth to their future generations.

Our firm counsels financially successful Floridians in all aspects of their estate planning. Our attorneys prepare sophisticated wills that address the various tax consequences and personal goals of each of our clients. Our lawyers will advise you on how best to minimize gift taxes during your life and the Federal estate taxes your family will be asked to pay after you are gone.

Our Palm Beach estate planning lawyers will evaluate your assets and determine if a trust is the right product for your estate plan. The trusts used in our clients’ estate plans include insurance trusts, grantor retained annuity trusts, qualified personal residence trusts and credit shelter or dynasty (or generation-skipping) trusts. In addition, our Palm Beach lawyers will work with you on all of your asset protection goals, including:

Estate Tax Issues: Our estate planning lawyers can help you understand all of the intricate estate tax issues you might face and work with you to minimize the estate tax your family will have to pay. We want to help you preserve as much of your estate as possible so you may pass your lifetime’s wealth on to your heirs or to a charitable foundation of your choosing.

Estate Planning for Domestic Partners: Whether you are a gay or lesbian couple or a heterosexual couple who never married, the estate tax law presents a unique set of problems for you. In addition, without a valid power of attorney and health care surrogate form, your partner may be locked out of some very important decisions. Our estate planning lawyers have extensive experience handling the estate planning needs of individuals who are in any type of relationship.

Wills and Trusts: Our lawyers utilize a variety of tools to accomplish your goals, including pour-over wills, revocable and irrevocable trusts, spendthrift clauses, and other estate planning tools in order to minimize estate tax – or avoid it altogether- while disposing of your estate as you choose.

Joint Ownership: In a number of situations, the joint ownership of property is an easy and affordable solution. Joint ownership has special issues to consider. Our lawyers can explain those issues to you and create any corporations or associations necessary for you to accomplish your goals.

Asset Protection: As litigious as South Florida is today many professionals and business owners are at high risk of unnecessary, trivial lawsuits and contemptible jury verdicts which makes asset protection a financial imperative. Our law firm works with businesses and individuals in order to isolate and protect important assets from all forms of liability, thus reducing the risk of financial vulnerability and unexpected losses.

Business Succession Planning: If you are a Florida business owner who wishes to pass your business on to your children or others person after you are gone, our attorneys can provide you with the advice necessary and create an estate plan to accomplish your goals.

Living Wills and Healthcare Directives: Without an executed living will, HIPPA designation, and health care surrogate, your estate plan is incomplete. Our Palm Beach estate planning attorneys also prepare living wills and healthcare directives for our clients to ensure their healthcare wishes are carried out in the event they are not in a position to voice their opinion or desire.

Probate and Estate Administration: Probate is the legal process by which a person’s debts are paid and assets owned by the decedent are distributed upon death. Probate litigation frequently arises in the context of a Will contest. When a decedent has created a Last Will and Testament and it is offered for probate, Florida law grants creditors and heirs various rights, privileges and limitations that must be strictly followed.

Our Palm Beach estate planning attorneys can help you avoid probate or administer your estate in the event of probate in order to see that your wishes are carried out as you intended.

To speak with an attorney, or to set an appointment call Wild Felice and Pardo: (954) 944-2855,
or Toll Free: (888) 832-5554