Serving Fort Myers, FL & Naples, FL
Estate planning is something most people consider at some point in their lives, and the sooner you start thinking about it, the better. Waiting for the “proper time” may lessen your opportunity to ensure that your plans are carried out according to your wishes.
In considering your estate planning needs, it’s important to work with an experienced professional. With 30 years of estate planning experience, Barbara M. Pizzolato understands that your estate is the product of years of hard work, sacrifice, careful planning and good-decision making. This is why she is so committed to helping you develop an estate plan tailored to protect your assets and meet your unique needs.
It’s All About You
Ms. Pizzolato will begin by learning about you, your unique situation, and your needs and desires. She will then work closely with you to develop a plan to ensure that all your needs and wishes are fulfilled. This personal approach is a Pizzolato hallmark, one that has generated thousands of satisfied clients over the years.
Ms. Pizzolato understands that every estate, regardless of size, is an important one, and she is committed to providing you with practical solutions to your estate planning and asset protection concerns. She handles all aspects of estate planning, including wills, trusts, business succession planning, asset protection, wealth preservation, planning for incapacity and/or disability, and minimizing or eliminating federal and state tax liability.
For example, if you wish to avoid probate and protect against incapacity, a revocable living trust could be your solution. This type of trust is available to hold legal title to your assets during your lifetime. Upon your passing, the Trustee of the trust simply continues to handle those assets without pause and distributes the assets to your loved ones without the costs, delays and publicity associated with probate proceedings.
Click here to see a general Comparison of Florida Estate Planning Options showing how your estate is handled using; no estate planning; will based estate planning; and revocable trust based estate planning.
A revocable trust is just one of the tools Ms. Pizzolato can utilize in effectively transferring your assets and maximizing available tax planning. There are a variety of additional tools and strategies available, including:
- Making use of the federal and state gift, estate, and generation-skipping tax exclusion to transfer assets
- Family limited partnerships
- Charitable remainder trusts
- Life estates
- Business succession and liquidity planning
Estate Planning For Florida Residents
Many Southwest Florida residents are retired and have moved to Florida from northern states such as Connecticut, Michigan, Massachusetts, Minnesota, New Jersey, New York and Ohio, and still own properties in these northern states but are domiciled in Florida. A common concern for new residents is whether or not the estate documents they created in other states are valid in Florida. The short answer is maybe. Properly executed planning documents are recognized in Florida; however the effect of the documents may be different in Florida than in its state of origin. Therefore, it is recommended that any out of state planning documents be reviewed by a Florida attorney.
Because of ever-changing events in your life, it is important to regularly review your estate plan and asset protection strategies to account for changes in law or the acquisition or disposition of assets. The costs of failing to update your estate documents are typically greater than the costs of keeping your estate plan current. Our office presently offers “The Estate Plan Maintenance Program” to clients that we have created or restated foundational estate planning and/or wealth preservation planning documents.
For more information, feel free to review the FAQ and Glossary sections of our website. Or better yet, attend one of our free seminars or contact us to schedule a meeting at our Fort Myers office to discuss concerns regarding your current estate plan or to begin developing your Florida estate plan. The best time to begin is now. The earlier you speak with us, the more options we will have to assist you in protecting the people you love and the assets you’ve earned.