Best Estate Planning Attorneys in Hollywood, FL

Yes. New property and accounts can and should be added, and existing assets can be sold at any time. Your attorney should give you complete instructions on how to do so.

No. In Florida, public policy prevents avoidance of creditors through the use of a trust which you created for your own benefit. However, if another person, such as your spouse, created the trust for your benefit, the assets might be exempt from creditors if the trust was drawn accordingly. There are also other available steps to shield against creditors with which we can assist clients.

No. While Revocable Living Trusts are beneficial for the great majority of people, they are not for everyone. Establishment of a Revocable Living Trust should be decided upon only after analyzing your specific circumstances with your attorney. Before proceeding with a Living Trust, discuss your particular situation openly with a qualified attorney.

You may, but it is not required. The days of both parties sitting down at the closing table together still exist but are now more the exception than the rule. Buyers obtaining a mortgage loan typically sit with the attorney to go through and sign the papers comprising a voluminous loan package. Cash buyers and sellers can easily pre-sign the documents, wire transfer the funds and skip the traditional, ceremonial closing. For out-of-town parties, we often over-night documents to them with signing instructions.

Hidden defects in the title sometimes exist and are undetected no matter how thorough an exam is done. Title insurance protects you against problems such as disputed ownership and unknown mortgages or liens. The Title Insurer will pay the legal expenses to defend your title and settle any claims. This is so critical that every mortgage lender insists that they are provided with title insurance before they close a loan. No prudent buyer, in a cash or financed deal, will purchase property without it.