HLH Law Group can help with Wills and Estate planning needs.
The attorneys at HLH help families understand the purpose of having a Last Will and Testament, Living Wills, Health Directive, Durable Powers of Attorney, and Revocable Trusts.
At HLH Law Group, we are ALL ABOUT YOU. The HLH team will work diligently to ensure your family is properly protected and your wishes carried through at the time of death.
This information is intended to give a basic understanding of estate planning, but it cannot substitute for a thorough review with an HLH estate planning attorney. A revocable trust is implemented as part of an overall estate plan. HLH attorneys assist clients with decisions surrounding the funding of the trust and transfers to the trust, as well as performing periodic annual reviews of the trust. Tax considerations should be discussed with qualified professionals. A revocable trust can help accomplish family, economic, and tax goals when properly prepared and implemented.
No. Life insurance is only one kind of property that a person may own and it is governed by the terms of the contract and designated beneficiary (ies) are stipulated in the terms of the agreement. In contrast, a will is necessary to dispose of other assets that a person owns at death. If a life insurance policy is payable to an individual, the will of the insured has no effect on the proceeds. If the policy is payable to the estate of the insured, the disposition of the proceeds may be directed by the will. Life insurance can be useful in providing cash at death for payment of taxes and expenses, but like most strategies for insurance, the careful person will consult a lawyer, a life insurance counselor, and a financial advisor. Mistakes in ownership and beneficiary designations in these policies can cause great increases in estate taxes owed.
The choice of a trustee is extremely important and may have tax consequences. You can name almost anyone as your trustee. You can name yourself or any other individual (subject to tax considerations), or a corporate trustee, such as a bank or trust company. The individual trustee can be a family member, friend or professional advisor. Many individuals appoint family members or friends as successor trustee, to assume responsibility for the trust management and distribution after their death. When a family member or friend is chosen, consideration must be given to the person’s qualifications, the potential for friction with other beneficiaries, and the potential burden you are placing on that individual. The trust agreement should allow these individuals to hire qualified professionals to assist them in their duties, such as attorneys, accountants and financial advisors.
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Unlike many other local law firms, the owners of HLH Law Group live in Naples and are personally accessible for a FREE consultation 7 days a week.
Attorneys Catherine Little-Hunt and Melissa B. Hemmert recognize that clients often need to speak with their attorneys rather than a paralegal or secretary.
For this reason, all HLH clients are provided with their attorney’s personal email, and all client calls and emails are responded to within 24 hours.
The HLH Law Group team understands the importance of finding an attorney you can trust, when you or a family member have been injured.
You and your family should be able to focus on getting better, while we handle the rest.
HLH is here for you and your family to answer all of your questions. No case is too small, and we welcome all questions.