When you’re protecting your family and securing your legacy, understanding estate planning tools is essential. In Florida, two key documents often form the foundation: a will and a trust. Each brings unique advantages. When used together, they create a powerful plan that protects your wishes, minimizes court involvement, and reduces family stress. Every family needs a will to ensure that their loved ones are provided for and their assets are distributed according to their wishes.

What Is a Will and Why You Need One

A will is a legal document that outlines how you want your assets distributed after death. It also lets you name guardians for your minor children and detail final arrangements. In Florida, a valid will must meet specific legal standards and usually goes through probate.

However, the probate process can be lengthy, costly, and public. That’s why many Floridians also consider creating a trust.

Understanding Trusts and Their Benefits

A trust is a legal arrangement where you, the grantor, transfer assets to a trustee, who manages them for beneficiaries. In Florida, many people prefer revocable living trusts. These trusts allow you to:

• Stay in control of your assets during your lifetime
• Avoid probate altogether
• Provide for your beneficiaries immediately after death
• Keep your estate details private

Additionally, trusts support long-term goals like caring for a loved one with special needs, shielding assets from creditors, or managing inheritances over time.

Do You Need Both a Will and a Trust?

n many cases, yes. Using both offers full protection. For example, a pour-over will moves any assets not already in your trust into it when you pass away. This ensures your entire estate follows your plan. If you’re wondering what is a will of trust, it’s a common estate planning strategy where a will and trust work together to secure your assets and simplify the transfer process.

Why Estate Planning Matters in Florida

Florida has its own laws on probate and estate taxes. Without proper planning, families may face confusion and legal disputes. By working with a Florida-based attorney, you ensure your estate is handled according to your wishes.

Given Florida’s large retiree population and frequent relocations, it’s even more crucial to have a solid estate plan in place.

Plan With Confidence We’re Here to Help

At Lumsden Law, we help Florida families build personalized estate plans that protect what matters most. Whether you’re drafting your first will or updating an old plan, our team is here to guide you through each step.

Ready to protect your legacy?
Contact Lumsden Law today for a free consultation. We’ll help you create a will, trust, or full estate plan tailored to your life and goals.