Estate Planning
Estate planning is the process of assessing your assets and determining to whom, among your family, friends or favorite charities, you would like to leave specific assets and gifts. Creating a proper estate plan or setting up trusts and estates takes your disbursement goals into account, the state or federal tax implications of your disbursements, and the needs of your family members and heirs.
Jacksonville estate planning
Estate planning in Jacksonville requires an intimate knowledge of federal and state estate tax rules. The attorneys at Grady H. Williams, Jr., Attorneys at Law, P.A. have been creating and executing Jacksonville estate plans for the bulk of their careers. Their combined experiences as Jacksonville estate planners uniquely position them to serve your needs.
When executing an estate plan in Jacksonville, your attorney should ensure that all of your needs and desires are being met. Acting as your estate planner, your attorney should take special care to explain the processes of preparing wills and probate. Once you understand how your will affects the overall probate process, you are able to make better informed decisions about your final wishes.
Jacksonville trusts and estates
Quite often, the estate planning attorney makes uses of a trust that is created in your last will and testament. Using this type of trust, known as a testamentary trust, requires local experience with trusts and estates in Jacksonville. The interplay between the overall estate plan and the associated trusts can determine the tax liability, or the speed with which assets move to your family or friends.
Your estate planner in Jacksonville can help you to understand how certain types of trusts are designed to fulfill specific needs. If you have a child or family member who will require specific and long-term medical attention and care, for example, a trust can be formed to serve that need. This kind of special needs trust is designed to provide the maximum benefit possible to your family member, without limiting other avenues of help.
The firm of Grady H. Williams, Jr., Attorneys at Law, P.A. is equipped to help you understand the intricacies of your estate plan. They are experienced in preparing estate plans from the simplest to the most complex, and are able to execute the plans with the sensitivity needed for a discussion of what to do after you pass away.
Contact the attorneys at Grady H. Williams, Jr., Attorneys at Law, P.A.
Our main office is located at 1543 Kingsley Avenue, Building 5, Orange Park, Florida 32073. Please contact this office by phone at 904-637-1489 or by fax at 904-264-015.
You can reach our Jacksonville office by phone, at 904-268-8170, or by mail, at P.O. Box 1542, Orange Park, Florida, 32067.
