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Currents
January 2019
> continued from page 13
“ HAPPY NEW YEAR”
Bailey Woodruff Real Estate Co., Inc.
SPECIALISTE DE LA
CLIENTELE FRANCOPHONE
ENGLISH & FRANCAIS
27 Years Real Estate Experience
Pauline Morissette, P.A.
954-899-7967
954-482-0352
DIRECT
OFFICE
[email protected]
1874 C West Hillsboro Blvd. • Deerfield Bch Fl 33442
an Amendment to the Trust at any time during your
lifetime without having to change the Deed. Once
you have the Revocable Living Trust created, you
can also buy additional property in the name of the
Trust at any time, either in Florida or out of state.
The Trust also provides that your Successor
Trustee (the person you designate to administer the
Trust after you pass away) can also take over man-
aging the assets of your Trust if you become legally
incapacitated. Legal incapacity is defined in the
Trust document with language that requires a written
statement from two medical doctors indicating that
you are not able to carry on your legal affairs. The
language allows your Successor Trustee to take over
without a Court Order, but still provides you the pro-
tection of requiring written statements from two doc-
tors.
In addition, it is much more difficult to contest a
Revocable Living Trust than a Will. Your Successor
Trustee can sell your properties and make distribu-
tions very quickly following your death, whereas the
probate process required for a Will generally takes
nine months to a year.
This article provides a general summary of some
of the differences between a Last Will and Testament
and a Revocable Living Trust Agreement. It is impor-
tant to consult with an attorney to discuss your spe-
cific intentions. I offer a free consultation to review
your existing documents or to discuss preparing new
ones. During the free consultation, we will also dis-
cuss the Durable Power of Attorney, Designation of
Health Care Surrogate and Living Will, which are
important documents to protect you if you become
incapacitated. I am also available for a free consul-
tation regarding any issue pertaining to personal
injury claims or car insurance coverage. Call me at
9854-569-4878. My address is 3275 W. Hillsboro
Blvd., Suite 204, Deerfield Beach, Florida 33442. My
website is www.martinzevinpa.com and my e-mail
address is [email protected].