While everyone needs to protect their wealth, loved ones and other interests, estate planning is critical for professional athletes. Professional athletes have special estate planning considerations that are unlike the more common issues addressed by estate planners.

Many professional athletes have the bulk of their wealth tied-up in long-term player contracts that are illiquid and unavailable. Typically, professional athletes have estate planning issues that cross state lines and require a broad knowledge of the laws of a number of states. Federal and state gift and estate taxes serve as a major road block to an athlete sharing his or her wealth with family.

At Wild, Felice & Partners, we have the knowledge and experience of a large law firm, while giving our clients the hands-on service and attention to detail that only a smaller firm can truly offer. Our lawyers regularly go beyond the customary services, tailoring their work to the specific needs of each client.

Athletes have unique retirement concerns because of the relatively short nature of their careers as players. Our attorneys are well versed in a wide variety of legal practice areas which allows us to provide our clients with one-stop shopping for all of their legal needs. Rather than having to seek various individual counsels and having the headache of managing your own legal issues and costs, we provide the convenience of one South Florida location for all of your legal needs. You will receive the quality work product of a large law firm and the low cost and high attention to detail that small law firms are valued for.

At the age of 33, Steve Smith has the same financial goals as most family men: build a college fund for his children, move to a bigger house, save for a secure retirement and give something back to the community. But there’s one big difference between Smith and most other 33-year-olds: tens of millions of dollars. That’s the size of the player contract signed by Smith, a wide receiver with the NFL Carolina Panthers. One of Smith’s biggest concerns is estate planning for his children. “You have to spell it out line by line” says Smith.

At Wild Felice & Partners, we take customer service very seriously. It is our constant goal to exceed expectations and respond proactively to any legal issues that our clients may encounter. We pride ourselves on working together with our clients to set and achieve the desired outcome rather than merely categorizing our clients under a particular label and treating them each legal issue in a predisposed way.

We realize that each client’s needs are unique and treat each of our clients as if they are our only client. We hope you will take the time to contact one of our attorneys and truly experience all of the benefits that our South Florida law firm has to offer.

For more information on successful Florida estate planning and probate techniques, please contact the South Florida law firm of Wild Felice & Partners, P.A. at 954-944-2855 to schedule your free consultation. It’s a Wild world. Are you protected?SM