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Trust and Estate

Trust and Estate Attorneys in Coral Gables

Trust and Estate Attorneys in Coral Gables

Trusts are powerful tools for protecting your assets, providing for your loved ones, and securing your legacy. At Bianchi Fasani Green Law, our trust attorneys in Coral Gables are dedicated to helping you harness the power of trusts to achieve your estate planning goals.

Why Consider a Trust?

Trusts offer numerous advantages over a will:

  • Avoid Probate: Assets in a trust can be distributed to beneficiaries without going through the lengthy, public, and often costly probate process.
  • Maintain Privacy: Unlike wills, trusts are private documents that don’t become part of the public record.
  • Provide Flexibility: Trusts can be tailored to your unique needs, allowing you to control when and how your assets are distributed.
  • Plan for Incapacity: A trust can ensure your affairs are managed according to your wishes if you become incapacitated.
  • Minimize Taxes: Certain trusts can help reduce or eliminate estate taxes, preserving more of your wealth for your beneficiaries.
  • Protect Assets: Trusts can shield your assets from creditors, lawsuits, and beneficiaries’ poor financial decisions.

Whether you’re looking to provide for a child with special needs, protect your estate from taxes, or ensure your business continues to thrive after your retirement, a trust can help you achieve your goals.

Our Trust Services in Coral Gables, FL

At BFG Law, we offer a comprehensive range of trust services:

  • Revocable Living Trusts: Also known as inter vivos trusts, these allow you to maintain control of your assets during your lifetime while avoiding probate upon your death.
  • Irrevocable Trusts: These trusts can’t be changed once established, offering tax advantages and asset protection benefits.
  • Charitable Trusts: Support the causes you care about while enjoying tax benefits and providing for your beneficiaries.
  • Special Needs Trusts: Ensure a loved one with disabilities is cared for without jeopardizing their eligibility for government benefits.
  • Life Insurance Trusts: Remove life insurance proceeds from your taxable estate while providing liquidity to pay estate taxes and expenses.
  • Dynasty Trusts: Preserve your wealth for future generations while minimizing transfer taxes.
  • Asset Protection Trusts: Shield your assets from creditors and lawsuits.
  • Pet Trusts: Provide for your animal companions’ care in case of your incapacity or death.

Our experienced trust attorneys will work with you to determine the best type of trust for your unique situation and craft a customized plan to meet your needs.

The BFG Approach

At BFG Law, we understand that every client is unique. That’s why we take a personalized approach to every trust we create:

  1. In-Depth Consultation: We start by listening to your needs, concerns, and goals. Understanding your unique situation is the foundation of an effective trust.
  2. Customized Strategies: Based on your objectives, we design a trust strategy tailored to your specific needs.
  3. Plain-English Explanations: We take the time to explain your trust in clear, accessible language. You’ll understand exactly how your trust works and the protections it provides.
  4. Meticulous Drafting: Our attorneys meticulously draft your trust documents, ensuring every detail reflects your wishes.
  5. Ongoing Support: We’re here for you even after your trust is established. We can assist with trust administration, updates, and any questions that arise.

When you work with Bianchi Fasani Green Law, you’re not just getting a trust document—you’re getting a lifelong partner in protecting your assets and securing your legacy.

Frequently Asked Questions

What’s the difference between a will and a trust?

A will is a legal document that directs how your assets will be distributed after your death. It must go through probate, which is a public court process. A trust, on the other hand, is a legal entity that can hold assets during your lifetime and distribute them to beneficiaries according to your instructions, often without the need for probate.

Do I need a trust if I already have a will?

While a will is an essential part of any estate plan, a trust offers additional benefits such as avoiding probate, maintaining privacy, providing for incapacity, and potentially minimizing taxes. Whether you need a trust depends on your specific goals and circumstances. We can help you determine if a trust is right for you.

Can I change my trust after it’s created?

It depends on the type of trust. Revocable living trusts can be amended or revoked at any time during your lifetime as long as you have mental capacity. Irrevocable trusts, as the name suggests, typically can’t be changed once they’re established, barring certain exceptions.

How much does it cost to set up a trust?

The cost of setting up a trust varies depending on the complexity of your situation and the type of trust you need. We offer competitive pricing and can provide you with a detailed quote after understanding your specific needs during your initial consultation.

How long does it take to set up a trust?

The timeline for setting up a trust depends on the complexity of your assets and your individual circumstances. Simple trusts can often be established within a few weeks, while more complex trusts may take several months. We work efficiently to ensure your trust is set up as quickly as possible while ensuring every detail is addressed.

Get Started on Your Trust Today 

Don’t wait to start securing your assets and providing for your loved ones. Contact BFG Law today to schedule your consultation with one of our experienced trust attorneys in Coral Gables.

We’ll work with you to craft a comprehensive trust plan that reflects your unique needs and gives you the peace of mind that comes from knowing your legacy is protected.

Remember, a solid trust isn’t just about transferring wealth—it’s about ensuring your wishes are carried out, your loved ones are cared for, and your assets are protected for generations to come. Take the first step towards securing your legacy today.

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