[Ginnybugs]

Looking for an attorney near or in The Villages who is good at creating a family trust, and charges a reasonable fee. Please email me at nc-mtns@att.net.
Thank you!

[Kenswing]

Amy Pittman Law office. Probate and Estate Planning Attorney The Villages, FL Lawyer

[mrf0151]

Susan Sullivan https://www.bing.com/ck/a?!&&p=e67c3...I2ODQyNA&ntb=1

[Eg_cruz]

Jennifer Henson Millhorn Elder Law on Wedgewood Lane
352-330-3369

She holds Elder Law meeting at the public library twice a month, great way to start to understand FL laws.

[Ginnybugs]

It seems the Elder Law meeting you mentioned would be a good way to be educated before getting into it. Which library is it held? Do you know dates/times? Thank you!

[Rainger99]

Originally Posted by Ginnybugs

It seems the Elder Law meeting you mentioned would be a good way to be educated before getting into it. Which library is it held? Do you know dates/times? Thank you!

This is from their website. I would call to make sure that the dates and times are still valid. Phone: (352) 753-9333

Please find a list below of our upcoming seminars at the Sumter County Libraries.
Millhorn Elder Law Planning Group Presents:
“Things You Need to Know about Estate Planning”
4th Thursday of the month at 4pm
The Villages Public Library at Belvedere
325 Belvedere Blvd.
The Villages, Florida 32162

3rd Wednesday of the month at 4pm
The Villages Sumter County Service Center-Pinellas Plaza Library
Conference Room 102
7375 Powell Road
Wildwood, FL 34785

[Challenger]

Amy Pittman - See post #2 She works with 30-50 of my friends and neighbors

[retiredguy123]

Originally Posted by Ginnybugs

Looking for an attorney near or in The Villages who is good at creating a family trust, and charges a reasonable fee. Please email me at nc-mtns@att.net.
Thank you!

Amy Pittman is a good estate attorney. She prepared my will.

Attorneys love trusts, but trusts are overrated. Unless you have a complicated estate, there are other inexpensive and easy ways to avoid probate than creating a trust. My assets are all held in accounts that have beneficiaries that are payable on death. No need for a trust or probate. Most retirees can do the same thing.

[Bilyclub]

Originally Posted by retiredguy123

Amy Pittman is a good estate attorney. She prepared my will.

Attorneys love trusts, but trusts are overrated. Unless you have a complicated estate, there are other inexpensive and easy ways to avoid probate than creating a trust. My assets are all held in accounts that have beneficiaries that are payable on death. No need for a trust or probate. Most retirees can do the same thing.

What about the house ?

[NoMo50]

We interviewed with more than one attorney before making our decision, including the Pittman firm, and Shanawany & Millhorn. Both would provide the exact same documents/filings: Family Trust, Wills, Living Wills, Powers of Attorney, etc. The Pittman Firm quoted a fee of over $2,000. Sham Shanawany's fee was $650. Again, identical product from both firms. This is not rocket science...we went with Sham.

[Royaloil]

My friend had a clause "if any children sue they recieve nothing" does this sound real?

[retiredguy123]

Originally Posted by Bilyclub

What about the house ?

A ladybird deed will allow you to designate a beneficiary that will automatically transfer ownership to the house upon death. It will not affect your ownership rights or the ability to sell the house while you are alive.

[Rainger99]

Originally Posted by Royaloil

My friend had a clause "if any children sue they recieve nothing" does this sound real?

I found this on the internet. Be sure to check with an attorney to verify that it is accurate.

In Florida and Indiana, courts do not enforce no-contest clauses. In these states, a beneficiary who sues to invalidate part or all of your will, but loses, still inherits whatever you left him or her in your will.

[manaboutown]

I would interview at least three attorneys as hereinabove mentioned. I would also educate myself as much as possible. Those library seminars sound like a good start! People's needs vary. Some only need simple transfer on death accounts and perhaps a Lady Bird deed. Others may need only a simple will. Yet others could require multiple legal documents due to extensive and/or complex financial interests, beneficiaries incapable of managing money, estate tax minimization and other factors.

Trusts can be quite beneficial for many reasons: protection from creditors of the beneficiaries through a spendthrift provision (a beneficiary could go bankrupt yet not lose a dime of trust funds.), protection from financial loss due to liability lawsuits and from greedy ex-spouses-to-be in the event of divorce. If a beneficiary qualifies for or is on disability or perhaps public assistance a properly drafted trust can be used to provide the beneficiary with additional income without the trust being considered an asset of the beneficiary in order to deny or diminish their entitlement.

Another reason to have a trust is to assure one's assets go to one's own issue. I have heard of cases where an individual inherited money then at some point died, perhaps intestate, and the money went to his/her spouse and eventually that spouse's children from another spouse.

[retiredguy123]

Originally Posted by manaboutown

I would interview at least three attorneys as hereinabove mentioned. I would also educate myself as much as possible. Those library seminars sound like a good start! People's needs vary. Some only need simple transfer on death accounts and perhaps a Lady Bird deed. Others may need only a simple will. Yet others could require multiple legal documents due to extensive and/or complex financial interests, beneficiaries incapable of managing money, estate tax minimization and other factors.

Trusts can be quite beneficial for many reasons: protection from creditors of the beneficiaries through a spendthrift provision (a beneficiary could go bankrupt yet not lose a dime of trust funds.), protection from financial loss due to liability lawsuits and from greedy ex-spouses-to-be in the event of divorce. If a beneficiary qualifies for or is on disability or perhaps public assistance a properly drafted trust can be used to provide the beneficiary with additional income without the trust being considered an asset of the beneficiary in order to deny or diminish their entitlement.

Another reason to have a trust is to assure one's assets go to one's own issue. I have heard of cases where an individual inherited money then at some point died, perhaps intestate, and the money went to his/her spouse and eventually that spouse's children from a another spouse.

I partially agree. But, I would not want to protect my beneficiaries from their creditors.