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Law Firm of Cheryl A. Ward
Law Firm of Cheryl A. Ward
Trusts & Their Legal Significance A trust is a right in property held by one person for the benefit of another. Trusts serve a variety of purposes and may take a number of different forms. A trust may be created to benefit a family member, a charity, or even a pet. Since trusts allow an individual to distribute his or her assets to others while minimizing estate, income, and gift taxes, trusts have become an essential component of estate planning. In the absence of nationally uniform trust legislation, individual states have developed their own laws to govern the establishment and maintenance of trusts. The Uniform Probate Code (UPC), which sets forth provisions relating to both wills and trusts, has been adopted in whole by over 30 percent of the states. https://www.justia.com/estate-planning/trusts/

Trusts & Their Legal Significance

A trust is a right in property held by one person for the benefit of another. Trusts serve a variety of purposes and may take a number of different forms. A trust may be created to benefit a family member, a charity, or even a pet. Since trusts allow an individual to distribute his or her assets to others while minimizing estate, income, and gift taxes, trusts have become an essential component of estate planning. In the absence of nationally uniform trust legislation, individual states have developed their own laws to govern the establishment and maintenance of trusts. The Uniform Probate Code (UPC), which sets forth provisions relating to both wills and trusts, has been adopted in whole by over 30 percent of the states.

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Law Firm of Cheryl A. Ward
Law Firm of Cheryl A. Ward
What Is a Trust? Definition, Account Types and Benefits A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries. The trust creator puts assets in the trust account and authorizes a trustee to administer those assets for the trust creator or beneficiaries. https://www.nerdwallet.com/article/investing/estate-planning/setting-up-a-trust

What Is a Trust? Definition, Account Types and Benefits

A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries. The trust creator puts assets in the trust account and authorizes a trustee to administer those assets for the trust creator or beneficiaries.

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Law Firm of Cheryl A. Ward
Law Firm of Cheryl A. Ward
Honoring the leadership and legacy of our nations presidents this Presidents Day.

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Law Firm of Cheryl A. Ward
Law Firm of Cheryl A. Ward
What is Guardian Advocacy? Ever wonder how families support a disabled loved one? How does the loved one go about their duties? The answer is guardian advocacy. Guardian advocacy allows a trusted individual to manage a disabled person’s matters, which can be financial, personal, or medical. Guardian advocacies exist because disabled individuals may not be able to handle these responsibilities alone. https://cawlawoffice.com/guardian-advocacy-attorney-in-melbourne-fl/

What is Guardian Advocacy?

Ever wonder how families support a disabled loved one? How does the loved one go about their duties? The answer is guardian advocacy. Guardian advocacy allows a trusted individual to manage a disabled person’s matters, which can be financial, personal, or medical. Guardian advocacies exist because disabled individuals may not be able to handle these responsibilities alone.

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Law Firm of Cheryl A. Ward
Law Firm of Cheryl A. Ward
What are Advanced Directives? In Florida, advanced directives are written documents or oral statements that allow you to express your wishes about your healthcare. These instructions can include the treatments you would or would not want in certain situations and the person you trust to decide on your behalf if you cannot do so yourself. Advanced directives are an essential part of Florida estate planning for directives, as they help ensure your preferences are followed while protecting your rights. https://cawlawoffice.com/estate-planning/advanced-directives/

What are Advanced Directives?

In Florida, advanced directives are written documents or oral statements that allow you to express your wishes about your healthcare. These instructions can include the treatments you would or would not want in certain situations and the person you trust to decide on your behalf if you cannot do so yourself. Advanced directives are an essential part of Florida estate planning for directives, as they help ensure your preferences are followed while protecting your rights.

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Law Firm of Cheryl A. Ward
Law Firm of Cheryl A. Ward
Estate Planning Made Simple! Last week, Attorney Cheryl Ward hosted an engaging presentation, Estate Planning for Dummies, at Heritage Isles. Attendees gained valuable insights on how to safeguard their legacy and plan for the future. Want to learn more? Attorney Ward is ready to help you take the next steps in securing your familys legacy. Visit the website or contact the office today for personalized guidance. Website: https://cawlawoffice.com/

Estate Planning Made Simple!

Last week, Attorney Cheryl Ward hosted an engaging presentation, "Estate Planning for Dummies," at Heritage Isles. Attendees gained valuable insights on how to safeguard their legacy and plan for the future.

Want to learn more? Attorney Ward is ready to help you take the next steps in securing your family's legacy. Visit the website or contact the office today for personalized guidance.

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