FREQUENTLY ASKED QUESTIONS ABOUT FLORIDA ESTATE
Here are Frequent Questions our customers make with our answers!
NO. 1. WHY DON’T THOSE WHO SELL WILLS AND LIVING TRUSTS TELL YOU ABOUT THESE AMAZINGLY HUGE ESTATE SAVING FLORIDA LAWS THAT DON’T REQUIRE A WILL, LIVING TRUST OR LAWYER TO LEAVE THE ASSETS COVERED BY THE $99 FLORIDA SMART ESTATE PLAN?
The more assets you leave in a Will or Living Trust, the more you can be charged for the Will or Living Trust to leave them and the more your loved ones can be charged to receive these assets from that Will or Living Trust after you pass away. Just the legal fees alone to receive these assets left in a Will can be $3,000 on $100,000 in these assets and up to $30,000 on $1 million in these assets. If left in a Living Trust, the legal fees can be $2,250 on $100,000 of assets and up to $22,500 on $1 million of assets. If you use the $99 Florida Smart Estate Plan, the legal fees can be $0.00 whether you have $100,000 of these assets or even up to $5 million of them. Up to 100% of estate creditor claims, probate court fees, complex legal documents and needless legal delays can also be eliminated on all these assets by using the $99 Florida Smart Estate Plan.
The assets these laws cover are usually the most valuable assets in the vast majority of Florida estates. By using these laws, most Florida estates worth over $75,000 can avoid probate a Will leaving them can require without using a Living Trust because these assets pass outside an estate and are not subject to probate or estate creditor claims. They do not require a lawyer or any complex Florida estate documents to receive them. If your remaining assets not covered by these laws do exceed $75,000, the Living Trust should be used to avoid probate on them that a Will can require.
NO. 2. IF THESE FIVE FLORIDA ESTATE DOCUMENTS USUALLY EACH TAKE ONLY MINUTES TO PREPARE, WHY DO THEY COST SO MUCH MORE FROM EVERYONE ELSE AND YOU CHARGE SO LITTLE FOR THEM?
Our goal is to allow as many Florida residents as possible to have the most affordable Florida estate plan required that can save you the most to leave your estate and save those you leave it to the most money, legal hassle and time to receive it. Most Florida residents can do this themselves using one of these two estate plans. That’s why the line by line instructional videos are free to view before you purchase these documents. Our Living Trust even includes the form to amend the trust yourself in just minutes which can normally cost $500 to $1,000 or more if you pay to have a Trust amended.
Doing It Yourself, To Save More In Estate Expenses, Time & Legal Hassle
For The Detailed Answer Please Click On Each Statement:
Why 100% of you who are leaving these assets in a Will should use this new plan that allow Pay On Death Beneficiaries!
A Will can require all five of the largest Florida estate expense: Legal Fees, Probate and Probate Court Fees, Estate Creditor Claims, Complex Estate Documents and up to a year or more of legal hassle before ownership of all these assets can be received. On as little as $100,000 of these assets left in a Will, these expenses can total up to $10,000 or more. This plan requires $0.00 of these expenses and legal delays to receive ownership no matter how much these assets are worth.
A Will can allow Florida Medicaid to take 100% of the equity in your home or condominium after you pass away as recovery for the long term care expenses they paid for you. This plan prevents that from happening. If your home or condominium has any significant equity at all, this plan is the most inexpensive way to safely protect it from Florida Medicaid recovery.
If someone is leaving you any of these assets in a Will, you should consider getting this plan for them so you will receive these assets in less time, with less legal hassle and far less in estate expenses. A Will is the worst way to leave the assets this plan covers except for doing nothing.
Why this plan is much better to avoid probate on these assets than a Living Trust!
This plan avoids probate on all of these assets without the need for a Living Trust. This plan allows all of these assets to remain safely 100% in you name. You save 100% of the expense and legal hassle of transferring these assets into a Living Trust. Those receiving these assets save 100% of the time, legal hassle and expenses of getting them out of the Trust after you pass away. 100% of the twenty-four months creditors have to make claims against assets in a Living Trust is eliminated because they have no legal right to make a claim on any of the assets left using this plan.
How much this plan can save in legal fees which are often the largest estate expense!
The legal fees on assets left in a Will that require probate by law can be: $3,000 on $100,000 of assets – $7,500 on $250,000 of assets – $15,000 on $500,000 of assets -$30,000 on $1 million of assets. It’s exactly the same amount of work to probate a $100,000 asset as that same asset worth $1 million, yet the legal fees can be ten times as much. Don’t get taken for any amount of legal fees at all Florida law now allows you to safely avoid! With this plan, no legal fees are required to receive ownership no matter how much you have in the assets this plan covers.
Legal fees on assets left in a Living Trust can be: $2,250 on $100,000 of assets – $5,625 on $250,000 of assets – $11,250 on $500,000 of assets and $22,500 on $1 million of assets.
The legal fees listed are considered reasonable fees under Florida law. Legal fees can exceed these amounts if circumstances warrant.
Why you should you this plan instead of a Will to leave these assets to a minor!
A Will is never the best way to leave minors real estate or any other assets that have any significant value. A Will can not only require expensive and lengthy probate, but after probate is concluded, can also require even more expensive and even more lengthy Probate Court Guardianship. Avoiding both of these court proceedings can save $10,000s of a minors inheritance from being wasted in these proceedings. Using the Living Trust included for free with this plan allows these savings. The instructions of how you do this are included with this plan.
The most important thing you can do to protect your minor children if something should happen to you is for you to decide who raises them, how much of your estate they receive, when they receive it and who manages their part of your estate for them. This should never be left up to some judge who knows nothing about you, your children or your estate. This plan allows you to make these important decisions yourself for your children the way that preserves the most of what you leave them. Not doing this to protect your minor children from the worst thing that can happen to them, losing you, is something no loving parent does, especially when it is now so affordable to do.
FYI: These are the same documents our staff with over forty years of experience preparing 1,000s of these estate documents use for their Florida estates.