Affluent families in Boca Raton face planning challenges that go well beyond a simple will. Concentrated real estate holdings, closely held businesses, investment portfolios, and out-of-state property all create exposure that ordinary templates ignore. Our firm builds Florida estate plans engineered for wealth preservation, creditor protection, and tax-aware transfer of assets across generations.
Why High-Net-Worth Planning Is Different in Florida
Florida offers some of the most favorable wealth-protection law in the country. There is no state estate tax and no state income tax, the constitutional homestead exemption shields a primary residence from most creditors, and Florida statutes protect annuities, life insurance cash value, and certain retirement accounts. For a high-net-worth client, the question is not whether to plan, but how to layer these protections so that liquidity, control, and privacy all survive a death, a lawsuit, or a divorce in the next generation.
We coordinate the Florida tools that matter: revocable living trusts to avoid probate under Chapters 731 through 735, irrevocable trusts under Chapter 736 for tax and creditor planning, durable powers of attorney under Chapter 709, and homestead strategy that respects Florida’s constitutional restrictions on devise.
Asset Protection as a Core Discipline
Asset protection is not a single document; it is an architecture. We evaluate which assets are already exempt under Florida law, which can be repositioned into protected forms, and which call for irrevocable or domestic structures. The goal is to make a client a less attractive target long before any claim arises, because protection planning done in the shadow of an existing lawsuit can be unwound as a fraudulent transfer.
Our Florida Estate Planning Services
- Revocable living trusts to keep significant estates out of formal administration and away from the public record.
- Wills executed to the formalities of Florida Statute 732.502, including pour-over wills that fund the trust.
- Irrevocable and asset-protection trusts under Chapter 736 for creditor, tax, and legacy planning.
- Durable powers of attorney and health care directives under Chapter 709 and Chapter 765.
- Probate and trust administration for surviving spouses, fiduciaries, and beneficiaries.
Local Knowledge, Florida-Specific Counsel
We serve clients throughout Boca Raton and Palm Beach County who want planning grounded in Florida law rather than generic out-of-state forms. From waterfront homestead property to family LLCs, we tailor each plan to the assets actually on your balance sheet.
Speak With a Florida Estate Planning Attorney
Estate planning is highly fact-specific, and Florida law changes. This page is general information, not legal advice. Before acting, consult a licensed Florida attorney who can review your full financial picture and design a plan that fits your goals.
For more on our Florida practice, see our overview of Florida estate planning. Morgan Legal Group's affiliated New York office also handles Article 81 guardianship in New York.