Safeguarding the Future: The Important Role of Your Real Estate

No matter how large or modest your real estate holdings are, they can play a significant role in how your estate – all the property and assets that you own – will be managed at your death. Will the estate holdings be distributed the way you wish? Or, will a government or other entity make the decisions about how your assets will be divided up and to whom. One simple way to safeguard your estate is to actively plan ahead, providing explicit legal direction for how it is to be managed.

A key element in planning is determining how your real estate, the property you own, can be put to the most advantage, now and in the future. Dean and Dean, LLP, Attorneys at Law will put our more than 25 years of experience, savvy and skill to work for you, to develop an estate plan tailored to your wishes and situation.

Dean and Dean, LLP – Your Trusted Estate Planning Legal Advisor

Quite commonly, upon the death of an individual, a will is used to communicate the wishes of that person, including the transfer of real estate, also known as “real property.” However, wills are subject to probate – a legal process in which the will is examined by and approved in court as the public document expressing the final wishes of the deceased. It is then legally enforceable. The process also names an administrator, or executor, of the will. Probate can be lengthy, freeze the ability to sell or transfer property involved in the will, and be costly. In addition, the will may also be contested, adding another layer of complication.
There are methods for avoiding the probate process. These include:

• Living Trusts
• Beneficiary Deeds
• Co-Ownership of Property

Using these methods, you can have greater control of how your property will ultimately be distributed. However, these options require planning ahead. As your real estate attorney, Dean and Dean LLP can assist with the development of an estate strategy and plan that will protect your interests and provide for your loved ones, while minimizing outside control of your assets.

Contact Dean and Dean LLP Today

We offer expert, knowledgeable legal guidance on real estate, probate, estate planning, business law and more in the The Villages, Ocala, and Beverly Hills area. To make your appointment today, please contact us at (352) 515-9221