When it comes to estate planning, a highly recommended tool that many individuals find useful is creating a living trust. At Correa & Martinez Trial Lawyers in Miami, we understand the significance of protecting assets while ensuring a smooth transfer of wealth for loved ones. Our knowledgeable attorneys can assist in crafting an individualized living trust tailored to meet your needs and goals.
Living trusts help you control your assets
An example of maintaining control by using a living trust includes:
If you own a rental property that generates a significant income for you, a living trust may be appropriate. With a living trust, you can create specific instructions on how that property should be managed and who should benefit from the rental income.