Advantages of Estate Planning tools

There are many tools for estate planning in Florida. Findlaw has a nice table that summarizes the benefits provided by some of the more common estate planning tools. Be sure to talk to a Florida estate planning attorney for the details of each and your specific circumstances.

This table Covers the effects when there is no will, there is a basic will, the will contains a pour-over will, a living trust, and AB Trust ( a trust for each spouse), and a QTIP Trust. Larger estates often utilize additional tools like the family limited partnership and Testamentary Charitable Lead Annuity Trusts.

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