Revocable Trusts in Boynton Beach, Boca Raton and South Florida

You should not leave your estate planning to chance. Here at Marlyn J. Wiener, P.A., we understand that residents of Boynton Beach, Boca Raton and South Florida value their assets and want to ensure a smooth transition for their loved ones. A revocable trust, also known as a living trust, can be a powerful tool to achieve these goals. Marlyn can guide you through the process of creating a revocable trust that offers flexibility and control over your estate.

What is a Revocable Trust?

A revocable trust is a legal document that allows you to transfer ownership of your assets (property, investments, etc.) to a trust while retaining control over them during your lifetime. You
act as both the grantor (creator) and the trustee (manager) of the trust. You can designate beneficiaries who will inherit the assets upon your passing.

Benefits of a Revocable Trust in Boca Raton and South Florida

While a will is an essential estate planning tool, a revocable trust offers several advantages, particularly for residents of Boynton Beach, Boca Raton and South Florida:

• Avoid Probate: One of the key benefits of a revocable trust is avoiding probate, a lengthy and potentially costly court process that oversees the administration of your estate after death. Assets held within the trust pass directly to your beneficiaries, bypassing probate altogether.
• Maintain Control: As the grantor, you retain complete control over the assets in the trust during your lifetime. You can buy, sell, or manage the assets as needed.
• Incapacity Planning: A revocable trust can designate a successor trustee who will take over managing the trust if you become incapacitated. This ensures your assets are managed according to your wishes, even if you are unable to do so yourself.
• Privacy: Unlike wills, which become public record during probate, the terms of a revocable trust remain private.
• Flexibility: You can easily modify or revoke the trust at any time during your lifetime. This allows you to adapt the trust to changing circumstances.

What Can You Include in a Revocable Trust?

A revocable trust can hold a variety of assets, including:

• Real Estate (homes, vacation properties, etc.)
• Investment Accounts (stocks, bonds, mutual funds)
• Bank Accounts
• Personal Belongings (with clear designations for beneficiaries)

Working with Marlyn J. Wiener, P.A. for Your Revocable Trust

Marlyn understands the complexities of estate planning and can help you determine if a revocable trust is right for you. She offers:

• Personalized Consultation: We take the time to understand your unique financial situation, family dynamics, and goals for your estate.
• Experienced Guidance: Marlyn has extensive experience crafting effective revocable trusts for clients in Boynton Beach, Boca Raton and South Florida.
• Clear Communication: Marlyn will explain to you the necessary legal concepts in a way that is easy to understand, ensuring you are fully informed throughout the process.
• Comprehensive Planning: Marlyn can integrate your revocable trust with your overall estate plan, including your will and other estate planning tools.

Taking Control of Your Legacy

A revocable trust can be a valuable addition to your estate plan in Boynton Beach, Boca Raton or South Florida. Contact Marlyn J. Wiener, P.A. today to schedule a consultation and discuss how a revocable trust can benefit you and your loved ones.