Wills
- A Will allows transfers of property to your beneficiaries when you pass
- In a Will, you, and not the State of Florida, get to name your beneficiaries
- A Will permits a parent to name a guardian
- A Will permits you to name your Personal Representative (Executor)
- A Court process called Probate will be necessary to transfer your assets when you pass
Revocable Trusts
- Like a Will, a Revocable Trust allows transfers of property to your beneficiaries when you pass
- Like a Will, you, not the State of Florida, get to name the beneficiaries
- With a Revocable Trust, you can plan for future incapacity by designating a Trustee to manage your assets
- With a Revocable Trust, your beneficiaries will not have to be involved with Probate in order to receive title to your assets when you pass
- A Revocable Trust does not require any court filings so your assets and values remain private
- A Revocable Trust is harder to challenge.
Questions? The Law Office of Debra Simms is here to help. Call us today 386.256.4882