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Sorting out Wills and Estates used to be far from simple. It was a drawn-out process involving lots of paperwork, time in dusty law offices, and there were VERY limited options actually available to LGBTQ customers.
Wills and Estate Planning used to be painful.
That's where Giampolo Law Group comes in. Our founders noticed the issues LGBTQ customers were having and knew with 100% certainty they could offer people a better way to protect LGBTQ customers assets and end of life wishes. An online application process was created to make it easier for customers to find an option that suited their specific needs.
By removing lots of the manual tasks, Will creation and Estate Planning for the LGBTQ community became much simpler!
Frequently Asked Questions
What are the main Estate Planning Documents?
The main estate planning documents are a Last Will & Testament, a Durable Power of Attorney,
and a Living Will. A Last Will & Testament dictates who gets what property of yours when you
pass away, and often contains provisions for the care of your children. A Durable Power of
Attorney gives a trusted loved one the power to sign documents and act as your agent in the
event you become incapacitated. A Living Will describes your medical wishes, especially around life-saving and life-sustaining measures.
There are additional documents that can be helpful in creating an estate plan, including those that give direction regarding any pets and the disposition of your remains.
Can I do Estate Planning on my own?
I’m not just saying this because you’re on my website, but you should not do estate planning
without the assistance of an attorney! While websites and packages available that provide
templates for some of the relevant estate planning documents, these are often incomplete and likely not be suitable for your needs. Interpretation of Wills is very strict and mistakes from
using an incomplete do-it-yourself resource may result in unintended consequences.
Is a Trust right for me?
Trusts are not for everyone and even if it is, like cars, there are many models designed for certain situations. You wouldn’t help your friend move in a Smart Car and you wouldn’t drive cross country in an F150 – the same is true with trusts. It is best to contact an attorney to discuss if creating one is the right choice for your estate plan.
One consideration that warrants a Revocable Living Trust is whether you own property in
multiple states. The laws are such that your estate must go through probate in every state that you own real estate and that could be a nightmare for your executor. By putting the property in a Revocable Living Trust, you essentially turn your Florida or George property into Pennsylvania property by retitling the deed. There is no transfer tax as a result of the transfer and this type of trust does not impact how you file your taxes.