Estate Planning - Tampa FL

Take Care of Your Loved Ones

Plan for emergencies and eventualities. Be sure your family and other loved ones are protected from unnecessary stress and financial loss at a traumatic time. 

Estate Planning Services​

You already have an estate, because an estate is simply everything you own, from your cell phone to your IRA. If you don’t have an estate plan in place, and if you are killed or incapacitated, the State of Florida will decide for you who gets what, and when they will get it, and how. Wouldn’t you rather determine that for yourself?

Your estate plan will:

  • Keep your family out of court and protect them from the stress, expense, delay and potential conflict of a probate proceeding.
  • Decide who will take care of your minor children.
  • Protect your beneficiaries from losing their inheritance in lawsuits or in a divorce, and you can decide when and how they inherit.

If you already have a will or a trust in place, you should review it every 3 to 5 years, or whenever your family has a significant life event, such as:

    • marriage
    • the birth of a child
    • new job
    • cross-country move
    • retirement or divorce

It’s imperative to your loved ones that you keep your estate plan current. 

Flagship Law offers a DIFFERENT kind of approach to estate planning and business succession planning for family businesses.

We focus on creating a plan we know will work for you and the people you love. We work one-on-one with you to define your values and goals, and then create a flexible, yet reliable, plan, based on your personal value system — one that achieves those goals and protects your loved ones. For example, we can include incentive provisions for your beneficiaries, restrictions on distributions from a trust, and liberal or conservative investment strategies for trustees. We help resolve the issues that arise with blended families. 

At Flagship Law, estate planning is more than a one-time transaction. You are not paying for a set of documents, our initial planning meeting is just the beginning of the relationship. We have programs that provide a yearly plan reviews and consultations. We are a lifetime resource to our clients when and if any other legal issues arise. We are here for you and your family if and when you need us.

Package Options

ESSENTIAL PLAN

The Essentials Plan includes:
  • a will to ensure that when you pass, your property goes to the people and charities you choose
  • a durable power of attorney, ensuring that you and your family are well cared for if you become physically or mentally incapacitated due to injury or illness
  • health care directives to ensure your loved ones know your wishes
  • for families with minor children, a Care Arrangement for Kids in Emergencies, to ensure your minor children will be taken care of by the people you choose, with written or recorded guidance from you

COMPREHENSIVE PLAN​

The Comprehensive Plan includes everything in the Essentials Plan, and:
  • a revocable living trust, ensuring you have lifetime control of your property and finances
  • provisions for a trustee to manage your trust assets if you are incapacitated, without going to court to have a guardian appointed
  • ensures your heirs will be protected from creditors and predators. All asset transfers will be handled by you with our guidance and support
  • can include dynasty trusts and QTIP trusts to provide for you and your spouse, but also protect and preserve assets for your descendants
  • can include special needs trusts
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DELUXE PLAN

The Deluxe Plan includes everything in the Comprehensive Plan, and:
  • provides additional, bespoke asset preservation planning
  • may include specifically-designed trusts to protect and manage certain types of assets, such as valuable retirement accounts
  • strategic use of irrevocable trusts and other vehicles that minimize federal income and transfer taxes for high net worth clients
  • may involve judicious use of holding companies and insurance products
  • may include business succession planning
  • may include foreign asset protection trusts for suitable clients