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A Living Trust – An Important tool for Estate Planning

- Apr/2018

Here in U.S., a living Trust or Will is broadly used as an important tool for both tax and estate planning, so that the heirs may avoid delays and costs with probate procedure.

With a living Trust you will be able to maintain control over the respective assets you transfer to the Trust, which means that you will be able to include and remove any assets you want during your lifetime.

Further, you will be able to modify the Trust’s terms & conditions as the years go by in order to better reflect new events and circumstances.

Another important probate feature provided by Florida law is the possibility to keep the living Trust private since there is no registration requirement. For example, the settlor would have only to appoint a Trustee that would be in charge of managing your assets in the event of incapacitation or an early death.

Here at Hayman-Woodward we will be happy to clarify any doubt you may have in connection with a living Trust.  We are also able to assist in the formation of the living Trust itself, so you can rest assured that the transfer of your wealth to your heirs will be carried out in an efficient and cost-effective manner.

If you have plans to internationalize your investments, develop business, and begin your expatriation process, it is important to have a team of lawyers with proven experience, acting in several jurisdictions and accredited by their respective governments. Our highly specialized professionals possess the technical skills required to evaluate the best alternatives and meet your needs and expectations.

To know which immigration option best suits your profile and that of your family, in addition to knowing more about the many possible alternatives for your projects to develop successfully, talk to one of our expert attorneys. Schedule a consultation with HAYMAN-WOODWARD now.

Our attorneys will assist you in all the details of your expatriation, at all stages, including business development in the United States. For our law firm, each case is unique and is treated as such, with personalized and individualized solutions.

        HAYMAN-WOODWARD PLLC is a Washington (D.C) based law firm, specializing in immigration and federal tax laws. All legal services are provided by duly-licensed attorneys in each jurisdiction.

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