If you call Broward County, Florida home, you’re part of one of the state’s most dynamic and fast-growing regions. Known for its beautiful beaches, thriving business hubs, and diverse cultural attractions, Broward County offers something for everyone, from retirees in communities like Pembroke Pines and Coral Springs to families in Weston and professionals living in downtown Fort Lauderdale. Whether you own a waterfront estate along Las Olas, a home in one of Parkland’s upscale neighborhoods, or a condo just steps from Hollywood Beach, it’s vital to have a thoughtful strategy in place to protect your assets and ensure your loved ones benefit from them as you intend. Partnering with an experienced estate planning attorney is an essential step toward securing that future.

One of the most adaptable tools in modern estate planning is the revocable trust. This flexible legal structure allows you to maintain control of your property while giving you the ability to modify or dissolve the trust as your life circumstances evolve. Unlike an irrevocable trust, which typically cannot be altered, a revocable trust grows with you and your needs. At The Millman Law Group, Aaron D. Millman, Esq., CPA, works with Broward County residents to create customized, forward-thinking estate plans that preserve wealth and provide peace of mind for generations to come.

If you are considering your estate planning options or are ready to establish revocable trusts in Broward County, contact The Millman Law Group today to schedule your consultation with a trusted estate planning attorney.

How to Add a Revocable Trust to Your Broward County Estate Plan

Revocable living trusts are a key component of a well-rounded estate plan and are often recommended by attorneys for their flexibility and effectiveness. When you create a revocable trust, you transfer ownership of selected assets into the trust while retaining full control of them during your lifetime.

You serve as the trustee, managing the assets just as you would on your own. Should you become incapacitated or pass away, a successor trustee of your choice will step in to manage or distribute the assets according to your instructions. While revocable trusts streamline the transfer of assets and help you avoid probate, they do not shield assets from creditors nor do they provide tax advantages during your lifetime. A will may still be needed to cover any property not initially placed in the trust.

Critical Benefits of Revocable Trusts in Broward County

Forming a revocable living trust provides numerous benefits, particularly for Broward County residents with significant or varied assets. These advantages include:

• Avoiding Guardianship Proceedings: If you become incapacitated, a revocable trust can eliminate the need for a court-appointed guardian by specifying who will manage your affairs.
• Maintaining Control Over Distributions: You determine how and when your beneficiaries receive their inheritance. For example, you may delay distribution until a child reaches a certain age or milestone.
• Protecting Beneficiaries from Creditors: Including a spendthrift clause in your trust can help shield your beneficiaries’ inheritance from potential creditors or legal claims.
• Avoiding Probate Court: Assets placed in the trust bypass probate, allowing for faster, more private distribution to your heirs.
• Supporting Beneficiaries with Special Needs: A special needs trust ensures that your loved ones with disabilities can benefit from your estate without jeopardizing their eligibility for essential public assistance programs like Medicaid or Supplemental Security Income.
• Providing for Minor Beneficiaries: Under Florida law, minors who inherit more than $15,000 may require a court-appointed guardian. A trust can help you avoid this by specifying how a minor’s inheritance should be managed.

For anyone who owns property, revocable trusts in Broward County are a highly effective way to streamline asset management and reduce legal complications for your loved ones.

Additional Estate Planning Tools to Explore

While revocable trusts form a strong foundation for your estate plan, your Broward County estate planning attorney at The Millman Law Group may also recommend additional legal tools to help achieve your broader goals. These tools might include:

• Durable Power of Attorney
• Spendthrift Trusts
• Special Needs Trusts
• Medicaid Planning
• Living Wills
• Veterans Administration Benefits
• Life Insurance Trusts

Each of these components complements your revocable trust and helps you build a comprehensive estate plan that is tailored to your unique needs and circumstances.

When you are ready to protect your assets, provide for your loved ones, and create a clear path for your financial future in Broward County, contact The Millman Law Group. Our experienced team is here to help you build an estate plan that offers security, flexibility, and peace of mind for years to come.

Read Our Customer Testimonials

Read some of our client testimonials to find out more about the help and support we provide to our clients in Florida: 

• “Would absolutely recommend Millman Law Group. Worked with them on Estate and Trust work and right from the outset impressed by their ability to understand the issues and provide creative thinking & solutions.” – Gary S.
• “Mr. Millman is wonderful. He assisted my family immediately and relieved us of a lot of stress and uncertainty. He answered all of our questions thoroughly and walked us through the process step by step seamlessly. I would recommend him to anyone in need of an estate attorney. Thank you so much, we are very appreciative!” – Jillian R.
• “What a wonderful experience! Kelly F. and her team provided the best service – their knowledge and professionalism was next level. I would recommend anyone looking to work with an honest, hardworking team to give Kelly and the Millman team a call!” – Robert Z.

Get in touch with The Millman Law Group in Broward County when you’re prepared to safeguard your assets, reduce legal obstacles for your loved ones, and prepare for life’s unforeseen events. Our goal is to empower you to confidently and clearly take charge of your family’s future. 

Contact The Millman Law Group To Create Revocable Trusts in Broward County, FL

Millman Law Group, PLLC is one of the only law firms that offers life planning in South Florida. From life care planning to the preparation of detailed estate plans, Millman Law Group has committed to serving Floridian elderly communities in Boca Raton, Palm Beach County, Ocean Ridge, Hillsboro Beach, and many other areas since 2018. Our dedicated team specializes in special needs trusts and catering to any age demographic because we know that it’s never too early to start preparing for your future. For the latest news in estate planning and elder care law, follow us on Facebook, Twitter, LinkedIn, and Pinterest. You can also contact us at 561-463-6480.