WHAT IS ESTATE PLANNING?
Estate planning is the process of planning ahead for the management of your assets in the event that you become incapacitated or for the management and/or distribution of your assets after you pass away. The most popular planning devices are going to be the last will and testament (“a will”) and a revocable living trust. Other types of important documents that are included in an estate plan include the durable power of attorney, Florida designation of healthcare surrogate and the living will.
WHY DO I NEED AN ESTATE PLAN?
It’s important for individuals of all ages to consider meeting with an experienced Florida estate planning attorney. While you are alive there’s always a chance that you may become either temporarily or permanently disabled. It’s important to take the time in advance and choose someone that you trust who would manage your financial affairs as well as somebody that you trust to handle your healthcare decisions, should you be unable to do so yourself. You may have minor children and with proper estate planning you can choose the right guardian that will raise them, should you pass away. Other benefits of estate planning include providing your beneficiaries with creditor protection, having a trustee in place to manage money for an irresponsible or young beneficiary, planning for your pets care, or providing for an organization that means a great deal to you.
Coral Springs Estate Planning Attorney – Delray Beach Estate Planning Attorney
Call us today to schedule your consultation and learn how planning ahead will not only benefit you but also those you leave behind. We are always here to help and want to help everyone design an estate plan that accomplishes their own unique goals.
The Legacy Law Firm
(954) 999-9683
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