12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

What is a Last Will and Testament in Zip Code 33133

What is a Last Will and Testament in Zip Code 33133

A Last Will and Testament is the first building block of a good estate plan. Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death.

Option 1: Will-Based Estate Plan

All essential details of your Last Will and Testament will be outlined in the will-based estate plan. It will provide information including the person to be put in charge of settling your final affairs (the executor), the persons who will inherit your property (beneficiaries), and the provisions on how they will inherit it. Your last will and testament with a will-based estate plan will cover the following:

1. Who will serve as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will inherit your property

4. How and when your property will ultimately be transferred to your beneficiaries

5. Who will serve as guardian of your minor children until they become adults


Option 2: Trust-Based Estate Plan

In the trust-based estate plan a document called a revocable Living Trust will cover all the important points listed above in the will-based estate plan with one exception: the person in charge of settling your final affairs after you die is called an administrative or successor trustee instead of an executor. If you have a revocable living trust you will still need a Last Will and Testament so. Ideally, you will fund or move your assets into your trust before you die. If you fail to fund even one asset into your trust, then the last will and testament will be the necessary document that will "catch" the unfunded property and transfer it to your trust after you die. The last will and testament in this case will function as a pour over will that will cause the unfunded assets to "pour over" into your trust through a probate process.


A pour over will needs to cover:

1. Who will be in charge of your assets that were not funded into your trust as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will serve as guardian of your minor children until they become adults

4. What will happen in the absence of a Last Will and Testament?


In order for your property to go to the beneficiary of your choice after you are gone, a Last Will and Testament is recommended.


The absence of a will could result in the state providing a last will and testament on your behalf under the state's intestacy law. The laws of the state that your property is located in will prevail. This can get complicated if you own property in multiple states.

 
Personalize & Print a Free FL Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Related Legal Services near Zip Code 33133
Kosa, Donald A
2340 S Dixie Hwy
Miami, FL 33133
(305) 856-9900
Personal Injury Law Attorneys, Attorneys
Richards Timothy D
2665 S Bayshore Dr # 703
Miami, FL 33133
(305) 858-9900
Attorneys Referral & Information Service, General Practice Attorneys, Attorneys
Thomas, Louis C PA
2340 S Dixie Hwy
Miami, FL 33133
(305) 856-9900
Personal Injury Law Attorneys, Attorneys, General Practice Attorneys
Steinbaum Sarah
2541 SW 27th Ave # 300
Miami, FL 33133
(305) 398-9898
Malpractice Law Attorneys, Medical Malpractice Attorneys, Attorneys
The Ticket Clinic A Law Firm
2298 S Dixie Hwy
Miami, FL 33133
(305) 858-9390
Criminal Law Attorneys, Traffic Law Attorneys, Attorneys
Antonio Bugge
2964 Aviation Avenue, Suite 300
Miami, FL 33133
(786) 464-9264
Attorneys, Immigration Law Attorneys, Immigration & Naturalization Consultants
Harlow Partnership Pa
2408 S Dixie Hwy
Miami, FL 33133
(305) 854-8989
Criminal Law Attorneys, Attorneys
Shapiro Hy
2400 S Dixie Hwy Ste 200
Miami, FL 33133
(305) 854-8989
Criminal Law Attorneys, Attorneys
Gibbs W Tucker PA
3835 Utopia Ct
Miami, FL 33133
(305) 448-8486
Real Estate Attorneys, Attorneys
Lori L Cooney PA
3190 Via Abitare Way
Miami, FL 33133
(305) 448-8225
Collection Law Attorneys, Attorneys
Sordo & Assoc
3006 Aviation Ave Ste 2A
Miami, FL 33133
(305) 859-8107
Corporation & Partnership Law Attorneys, Attorneys, Business Law Attorneys
Kaufman Marc A & Associates
2665 S Bayshore Dr
Miami, FL 33133
(305) 688-8100
Civil Litigation & Trial Law Attorneys,  Attorneys,  Personal Injury Law Attorneys,  General Practic
Equels Law Firm
2601 S Bayshore Dr
Miami, FL 33133
(305) 859-7700
Civil Litigation & Trial Law Attorneys, Attorneys, General Practice Attorneys
Alvarez & Barbara LLP
2701 S Bayshore Dr Suite 305
Miami, FL 33133
(305) 263-7700
Business Law Attorneys,  Real Estate Attorneys,  Personal Injury Law Attorneys,  Litigation & Tort A
Arturo V Hernandez PA
2937 SW 27th Ave
Miami, FL 33133
(305) 443-7527
Criminal Law Attorneys, Attorneys
Michelson Donna B
2937 SW 27th Ave # 206
Miami, FL 33133
(305) 442-7273
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Michelle Perdomo PA
2200 SW 28th St
Miami, FL 33133
(305) 358-7171
Immigration Law Attorneys, Attorneys, Immigration & Naturalization Consultants
Perez Jose I
2770 Kirk St
Miami, FL 33133
(305) 285-6946
Immigration Law Attorneys, Attorneys
Miami Accident Attorneys - Personal Injury Law Firm Miami
2601 S Bayshore Dr
Miami, FL 33133
(800) 747-6479
Attorneys
Van Dusen Susan W
2701 S Bayshore Dr # 315
Miami, FL 33133
(305) 854-6449
Criminal Law Attorneys, Attorneys, General Practice Attorneys
Your Insurance Attorney
2601 S Bayshore Dr
Miami, FL 33133
(305) 444-5969
Insurance Attorneys,  Attorneys,  Civil Litigation & Trial Law Attorneys,  Legal Service Plans
Salas, Charles M Certified Mediator
2829 Bird Ave
Miami, FL 33133
(305) 358-5874
Mediation Services, Attorneys, Arbitration Services
Sotorrio Rene A
2937 SW 27th Ave # 202
Miami, FL 33133
(305) 446-5855
Criminal Law Attorneys, Attorneys
SHAN MASSAND, ESQ.
3535 Hiawatha Ave #B217
Miami, FL 33133
(305) 215-5634
Entertainment & Sports Law Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US