Sound And Effective Estate Planning
Estate plans are established to provide a roadmap outlining how an individual’s personal and financial affairs should be handled after their death or in the event of incapacity, and/or address financial issues between spouses on death or divorce. Estate plans can be changed at any time and should be considered as “living documents.” They should be periodically reviewed and updated so that they reflect the changes in one’s life. Estate plans should accurately reflect who you want to handle your affairs, and make decisions for you if you are unable to make them yourself and name an appropriate person to control the disposition of your assets after your death, so that your wishes are followed.
Estate plans can also name an appropriate person to raise your children in the event you are unable to do so. The versatility of estate plans can allow you to prepare for life’s changes, including marriage, divorce, incapacity and death. Effective estate planning can also help prevent the unfortunate conflicts which sometimes arise in these situations.
How We Can Help
Attorney Warren B. Brams works with clients to establish customized estate plans based on their unique situation and legal needs. When you select our law firm, Mr. Brams will take time getting to know you and the goals you have for yourself and your family.
Mr. Brams has more than 25 years of experience helping clients develop customized estate plans, which focus on his client’s current and long-term goals.
Do You Need A Trust?
A trust is designed to help avoid probate and the time delays and expenses associated with it. Most importantly, a trust as opposed to the probate of a will, is a private matter and does not involve the courts, retaining your privacy. A trust can accomplish your goals immediately transferring your assets to your beneficiaries, set out your conditions on distributions to your beneficiaries, especially in the case of trusts for minor children.
Estate plans can also help you preserve and grow your assets for the future, until the time that you have specified that they should be distributed to your beneficiaries. A trust can, in certain situations, reduce estate taxes and other transfer fees. Estate planning attorney Warren Brams has extensive experience developing a variety of trusts, including:
- Irrevocable trusts
- Revocable (living) trusts
- Charitable trusts
- Insurance trusts
- Testamentary trusts
- Prenuptial agreements
- Special needs trusts
If you are considering a trust, Mr. Brams will provide you with sound legal guidance to help you understand the type of trust that would be most effective based on your goals.
Advanced Health Care Directives In West Palm Beach
Estate planning attorney Brams is available to help you define your health care wishes in the event you become incapacitated and name a trusted person to make those decisions. This proactive measure can make sure your health care wishes are met without involving an attorney or the court system. Mr. Brams is committed to helping you establish an advanced health care directive that can alleviate the risk of any prolonged litigation.
Helping Clients Establish Powers Of Attorney In Florida
Estate planning attorney Brams has extensive experience helping clients name a power of attorney. This person or institution is given the authority to make financial and legal decisions for them. Mr. Brams has the skills and legal resources to help guide you designate the right person to make financial and legal decisions, while making sure your legal rights are fully protected.
In most cases, incapacity planning will avoid the need to establish a court-ordered guardianship to make your health care, financial and legal decisions on your behalf, if you are unable to do so yourself.
Changes in marital status sometimes raise issues which can be resolved before the marriage. It is often helpful to resolve issues regarding inheritance or divorce in a prenuptial agreement. Attorney Brams practiced divorce law in the West Palm Beach area for over 20 years before limiting this aspect of his practice to prenuptial agreements. His real world experience in the courtroom can help you craft an agreement with your fiancé that will avoid litigation later.
Contact A Skilled Estate Planning Lawyer In Palm Beach County
To establish a customized estate plan, contact our law firm in West Palm Beach today for a free initial consultation. Attorney Brams will work with you to help ensure your current and long-term goals are met.