Putnam County Trust Lawyer
Helping Palatka & Florida Residents Establish a Lasting Legacy with Trusts
Talking about wills and estates can be uncomfortable. After all, making plans for what happens after you die can be very difficult. However, when you can leave behind a lasting legacy that will promote the future well-being of your loved ones, you can take solace in the fact that your actions will positively impact the people you care about, enduring beyond your passing. This is best accomplished with an estate plan. To ensure your legacy provides your loved ones maximum benefit, your estate plan should contain a living trust. By incorporating a living trust, you gain greater control over the distribution of your assets and the potential to minimize estate taxes, all with the guidance of a living trust attorney in Putnam County.
Understanding Trusts: What You Need to Know
A trust can be considered a special kind of contract where someone agrees to oversee and manage certain assets for the benefit of someone else. The person who agrees to manage trust assets is called a “trustee.” A trustee has legal rights to use the trust assets as long as they do so for the benefit of the trust.
An effective estate plan will use a revocable living trust naming you as the trustee for life and other “successor trustees.” When you pass away, your successor trustee will have use and control over the trust assets. Trust assets are not subject to probate because they are legally “owned” by the trust. As a result, using a trust simplifies probate administration issues by keeping certain assets out of your testamentary estate upon your death, as explained by a revocable living trust lawyer in Palatka.
Our Trust Attorneys in Putnam County Provide Advice & Services For:
- Trust formation
- Trust administration
- Marital trusts
- Spendthrift trusts
- Revocable living trusts
- Irrevocable life insurance trusts
Call Hedstrom Law, P.A. today at (386) 200-6547 or contact us online to schedule a meeting with our trust lawyer in Putnam County!
Wills vs. Trusts: Key Differences Explained
A trust is a valuable estate planning tool alternative to a will. Trusts have an effect while you’re alive, unlike a will that only becomes effective upon a person’s death. A living trust offers you the flexibility to manage your assets according to your preferences while you are still capable, enabling a seamless transition upon your incapacitation or death. This flexibility makes consulting a trust attorney in Palatka advantageous for personalized estate solutions.
If you are interested in getting a head start on planning your and your family’s future, you should contact a Putnam County trust attorney to discuss your legal options. At Hedstrom Law, P.A., we have years of experience handling matters relating to probate and estate planning. We are dedicated to providing you with quality legal counsel to help you make informed decisions about the essential things in your life, ensuring that your wealth is secured for your family's future. Our living trust lawyers in Putnam County are here to guide you through every step.
Our Client Testimonials
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As a school board member I've worked professionally with Ms Hedstrom for several years, and I give her an A+ as knowledgeable, intelligent and caring - a hard-to-find combo.- Kathy J.
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We are proud to call Dallas our lawyer. We are very blessed to have her represent us. She is so easy to communicate and deal with regarding our family issues and business. We know that we can trust her and we appreciate her and her firm’s hard work. Thank you.- RT
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My husband and I were more than satisfied with our experience at Hedstrom Law. From the beginning to end, we were impressed with all parties involved in our estate planning process. Ms. Hedstrom was thorough in explaining all documents and their requirements. Her professional expertise was evident. I cannot say enough good things about Dallas Hedstrom and her team at Hedstrom Law.- John E.
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Dallas is a talented and wonderful young attorney who is very knowledgeable and professional. I first met her several years ago when my parents needed assistance with their Living Wills. Since then she has helped me in other family matters. Spending time with Dallas is like spending time with an old friend. She is from Palatka and is the mother of three lovely little boys. I recommend Dallas and her firm to anyone needing legal assistance.- Jill