AREAS OF PRACTICE

Estate Planning

Many people think estate planning law is far too complicated, expensive and time-consuming to really dig into. With the right estate planning law firm, it doesn't have to be. Todd Watson Attorney & Counselor At Law, LLC can assist you in Jacksonville, FL. Our attorney will guide you through the planning process and assist you during every step of creating your estate plan.

There are many facets to estate planning law that you may want assistance with. Thankfully, we're here for you. At our estate planning law firm, we can help you:

  • Navigate and create plans for taxes

  • Determine how you want to divide assets

  • Set up a will and trust that outlines your wishes

Elder Law

Creating a will and testament is just where your legal preparations should start. There are many other details regarding benefits and plans that you'll want to have in place. Todd Watson Attorney & Counselor At Law, LLC in Jacksonville, FL can represent you if you're seeking an elder attorney. With the additional support of legal plans, you can enjoy the twilight of your life in peace.

Are you considering hiring an attorney? You may want to reach out to an elder attorney if you find yourself asking questions like:

  • What will happen if you're unable to care for yourself?

  • Do your assets have the protections they need?

  • Do you have the right plans in place?

By getting elder law services, you can put plans in place in the event that you're unable to make decisions about your finances or health. You can also address issues like end-of-life care, advanced care directives and conservatorships.

Probate and Trust Administration

Estate plans are unique to every person, and so is the administration of their estates. We assist with the complexities of trust administration so families can ensure they follow their loved one's wishes.

Probate is a time-consuming process that you may be able to avoid. With the right method, your probate attorney can offer different options. Two of these options are:

  • Petitions to succeed to real or personal property - you may petition a court for an order to succeed assets to heirs if the estate is under a certain value.

  • Small estate affidavits - you may seek an affidavit if the personal property or cash equivalent is housed in a financial institution with account balances below a specified threshold.

Your probate attorney will help you determine if you're eligible for either of these options. Additionally, an attorney can assist with trust administration as needed. This includes drafting forms, complying with legal notice requirements and more.

Medicaid and Standard Asset Protection Planning

You shouldn't have to get rid of assets and take away your children's inheritance to become eligible for Medicaid. With a Medicaid Asset Protection Trust (MAPT), we can help you set your assets aside. We also assist with standard asset protection insurance to protect asset valuations.

Medicaid Asset Protection Trusts (MAPT) assist people in a variety of ways. Most importantly, they help people by:

  • Allowing ineligible people to become eligible for Medicaid

  • Getting people access to nursing home care

  • Protecting assets for children or relatives

Asset protection planning allows you to house excess assets and set them aside for your heirs while making you eligible for benefits. If you have any questions about this process, reach out to us today.