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Top Miami, FL Trusts Lawyers Near You

Trusts Lawyers | Miami Office

6303 Blue Lagoon Drive, Suite 400, Miami, FL 33126

Trusts Lawyers | Miami Office

444 Brickell Ave, Suite 300, Miami, FL 33131

Trusts Lawyers | Miami Office

10800 Biscayne Blvd, Suite 700, Miami, FL 33161

Trusts Lawyers | Coral Gables Office | Serving Miami, FL

2655 N Le Jeune Rd, Suite 305, Coral Gables, FL 33134

Trusts Lawyers | Miami Office

706 S Dixie Highway, Second Floor, Miami, FL 33146

Trusts Lawyers | Miami Office

7700 N Kendall Dr, Suite 412, Miami, FL 33156

Trusts Lawyers | Miami Office

2 S. Biscayne Boulevard, Suite 2300, Miami, FL 33131

Trusts Lawyers | Coral Gables Office | Serving Miami, FL

2600 S. Douglas Road, Suite 507, Coral Gables, FL 33134

Trusts Lawyers | Miami Office

500 S Dixie Hwy, Suite 304, Miami, FL 33146

Trusts Lawyers | Fort Lauderdale Office | Serving Miami, FL

500 NE 4th St, Suite 200, Fort Lauderdale, FL 33301

Trusts Lawyers | Fort Lauderdale Office | Serving Miami, FL

2721 SW 117th Ave, Fort Lauderdale, FL 33330

Miami Trusts Information

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Lead Counsel independently verifies Trusts attorneys in Miami and checks their standing with Florida bar associations.

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  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
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Find a Trusts Attorney near Miami

Visit our free Trusts Resource Center.

What Is a Trust?

A trust is an estate planning tool that allows you to determine which beneficiaries will get your property and assets when you pass away. A valid trust can allow you to avoid probate, which can be costly and slow, so your beneficiaries can receive your real estate, accounts, and personal property more quickly. A trust can also allow you to use and access your property while you are living while still providing for your loved ones after you die. An estate planning attorney can give you more information about trusts and estate planning.

What Are Different Types of Trusts?

There are different kinds of trusts that can be used to accomplish your estate planning goals. Common types of trusts include:

  • Living trusts
  • Irrevocable trusts
  • Charitable trusts
  • Special needs trusts

The most common type of trust is a living trust, also known as a revocable trust. A revocable trust provides more flexibility for the person who created the trust to use the property and modify the trust at any time. An irrevocable trust is much more restrictive and cannot be canceled. However, an irrevocable trust can reduce estate taxes and may allow the property to be protected from creditors. Talk to Florida estate planning lawyers for legal advice about what type of trust is best to give you peace of mind.

How Do I Establish a Trust?

The person who creates the trust is known as the settlor. The settlor names a beneficiary or beneficiaries who will receive the assets under the terms of the trust, usually upon the death of the settlor. The settlor also designates a trustee to manage the assets of the trust for the benefit of the beneficiaries. There may be other requirements for a trust in your state, so contact a Florida trust lawyer or elder law firm about your legal matters.

How Can I Change a Trust?

A revocable will can be changed anytime during the lifetime of the settlor. You may want to review your trust every few years or anytime there is a significant life change. When there is a major life change, like a marriage, divorce, or death of a loved one, you may want to update your trust to make sure your wishes are still reflected in your estate plans.

How Much Does It Cost to Make a Trust in a Miami?

The cost of a trust will depend on several factors, including the number of assets and properties, trust administration, and the terms of the trust. An average trust can cost about $2,000 to $5,000 or more. However, a trust can save you money by avoiding the costs, delays, and court process of going through probate. A trust can also include special provisions for your loved ones so they can have long-term protection and financial support. To get an estimate for how much it will cost to prepare a trust for your situation, contact a Miami trust attorney for a quote.

Best Time to Seek Legal Help

No matter what your legal issue may be, it is always best to seek legal help early in the process. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors.

Tips on Approaching an Initial Attorney Consultation

  • Use the consultation as a means of gaining a better understanding of your legal situation.
  • Ask the attorney how many cases similar to yours he/she has handled. An attorney’s experience and knowledge can speak to their expertise (or lack of) in addressing your situation.
  • Your attorney should be able to articulate roughly how long a case like yours will take to resolve and what sort of procedures to expect.
  • Determine how comfortable you are working with the lawyer and/or law firm.

How much does it cost to hire an attorney?

In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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