Estate Planning, Wills, Trusts and Probate Law
At Clarie Law Offices, P.A., we believe that our reputation reflects a strong sense of integrity, genuine concern for our clients, and our pledge to be available to them and their families when we are needed, especially in times of crisis.
- Wills & Trusts
- Estate Planning
- Probate
- Trust Administration
Our firm provides legal representation to clients for Estate planning, advanced directives such as Power of Attorney, Health Care Surrogate and Living Wills, Probate and Trust Administration, and Litigation.
Areas of Practice
Estate Planning
With a comprehensive estate plan in place, you can be confident that those you love will not be left with an uncertain future or suffering. In order to create an effective estate plan, you are going to require the services of a professional. If you live in Florida, look no further than Clarie Law Office, P.A. Let us help your family create a plan that protects your assets and loved ones exactly the way you want!
5 Frequently Asked Questions About Estate Planning
Q1. What is a Last Will and Testament and why is it important?
Q2. What is a Revocable Trust?
Q3 - Why is Young Family Planning important?
Your estate is simply all the assets you leave behind when you die, including your bank accounts, 401(k) plan, home or car. An estate plan helps to ensure that these assets go to the right people, that your debts are paid and your family is taken care of. Without an estate plan, your estate generally has to go through probate, which is a potentially lengthy court process that settles the debts and distributes the assets of a deceased person.
Q4 - Summary Administration vs Formal Administration
One of the first things that you should look at is the value of the decedent’s assets. Summary administration is only an option if the assets at hand are worth $75,000 or less or if the decedent has been deceased for more than 24 months. Formal administration, on the other hand, can be used to handle assets of any amount.
Are there a lot of creditors?
Before funds from the deceased’s estate can be distributed to the beneficiaries, the deceased’s creditors may have to be paid. If there are not many creditors, then summary administration might be an option. Formal administration is typically the best option when there are a lot of known creditors.
Q5 - What is the difference between Testate and Intestate and what exactly do these words mean?
If you die intestate, this means that you died without a valid will in place. This can mean either that you had no will or that you had one, but it was deemed unenforceable for some reason. Intestate means a person dies without a Last Will and Testament. If you die without a Will, Florida law provides for a distribution of your assets per Florida law and Florida law will determine who your beneficiaries are.