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Charitable Trust Accomplishes Multiple Goals

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    Success Story

    Charitable Trust Accomplishes Multiple Goals

    • St. Petersburg Estate Planning and Probate Attorney has over six decades of experience helping people secure their legacy. We have a proven track record of success for our clients. Our law firm has been around for a long time because we get great results and don’t take advantage of people. 
    • Our lawyers have achieved a 10.0 AVVO rating, the highest possible score, this signifies our attorneys’ substantial experience and successful track record. This rating considers various factors, including years of practice, disciplinary history, professional achievements, and peer endorsements. Attorneys with a history of winning complex, high-stakes cases are more likely to achieve this rating, which serves as a benchmark of excellence and reliability in the legal profession.
    • Many of our  lawyers have been selected to be on the Florida Super Lawyers 2024 list. Super Lawyers is an exclusive list that honors less than 5 percent of attorneys in the entire state of Florida. Super Lawyers is a research-driven and peer-conducted rating system that is part of Thomson Reuters. Only the most outstanding lawyers with substantial professional achievement are chosen by their peers to represent Super Lawyers. With their patented multiphase selection process, this honor reinforces our lawyers’ high standings both with the clients we work with and the legal community as a whole.
    • Our firm has been recognized as ‘Best Law Firm’ and ‘Best Estate Law’ by the Tampa Bay Times’ Best of the Best People’s Choice Award. Our firm has been the recipient of the Tampa Bay Times’ Best of the Best People’s Choice Award consecutively over the last five years. This award is a community voting based contest that chooses the best businesses, companies and services in Tampa Bay. Every year, the Tampa community members cast over 135,000 votes to choose the top businesses in the area. We are honored to have our efforts in Estate Planning law be recognized by the people of Tampa Bay.

    St. Petersburg Estate Planning and Probate Attorney stands out due to our commitment to client success and our extensive expertise in estate planning law. Our attorneys have consistently secured favorable outcomes for clients, earning reputations for diligence, compassion, and legal acumen. Simply put, they are the toughest around, but also fair.  Our firm is dedicated to providing personalized service, ensuring that each client receives the attention and support they deserve throughout their legal journey. You can count on our Estate Planning and Probate Attorney to have your back.

    John and Betty Brown have 3 grandchildren, ages 17, 18 and 20.  They wanted to provide funds to cover a portion of each grandchild’s college education over the next 6 years and were hoping there was a tax-advantaged way to do that.  I suggested using a charitable remainder annuity trust (CRAT) that would provide a set amount of funds to each grandchild each year for the next 6 years for their college education expenses, with a gift of the remainder of the trust to the childcare organization they have supported for many years at the end of the 6-year term of the trust. Funding the CRAT with two vacant parcels of land the Browns have owned for many years, which have appreciated in value, allowed the Browns to avoid the capital gains tax they would have had to pay if they sold the land. And, the Browns were able to take a charitable deduction for the value of the remainder interest in the CRAT that will pass to the childcare organization at the end of the 6-year term of the trust.

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