Estate Planning involves much more than just having a last will and testament or a grantor. A Will is a document that expresses your "will" regarding what you want done with the assets. While many of the concepts are the same, there can be huge differences between commercial. A real property transaction involving either a sale or a purchase of residential or commercial.
Member: National Academy of Elder Law Attorneys and the Academy of Florida Elder Law Attorneys. District Legal Counsel for the following special purpose community development districts: Circle Square Woods Community Development District, Bay Laurel Center Community Development District, Candler Hills Community Development District, Indigo East Community Development District.
Member: National Academy of Elder Law Attorneys and the Academy of Florida Elder Law Attorneys. District Legal Counsel for the following special purpose community development districts: Circle Square Woods Community Development District, Bay Laurel Center Community Development District, Candler Hills Community Development District, Indigo East Community Development District.
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Mrs. Rachel M. Wagoner received her Bachelor of Arts with a major in mathematics from Indiana University in Bloomington, Indiana followed by her Juris Doctorate with a concentration in Healthcare Law from Indiana University School of Law Indianapolis. Mrs. Wagoner is admitted to practice in the State of Florida and the United State District Court for the Middle District of Florida and was a Florida Supreme Court certified mediator.
John Beck, Esq., LL.M. is a partner with the law firm of Colen & Wagoner, P.A., in Clearwater, Florida and practices in the areas of Estate Planning, Tax, and Corporate and Business Law. John has extensive experience in planning for high net worth individuals and complex charitable planning, and routinely publishes articles and presents webinars on various topics for both clients and practitioners.
While many of the concepts are the same, there can be huge differences between commercial and residential real estate. Commercial real estate transactions can be far more diverse and wide-ranging than residential sales. There may be greater concerns about hazardous materials or zoning issues. Concerns about Landlord/Tenant issues and there will always be questions about the suitability of the property's location for your business needs.
A Will is a document that expresses your "will" regarding what you want done with the assets of your estate. If you are an adult, you need a Will regardless of your age, whether you are single or married and whether you own property jointly with another. You even need a Will if you have a Living Trust (it's called a pour over Will).
Living Trusts are a way to avoid probate. Assets held in the name of the Trustee of a Living Trust pass to heirs and beneficiaries without probate. The Trustee of the living Trust can be you. When you create a Living Trust, you never lose control of any of your assets or property because you are the Trustee.
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