Estate Planning | Who Needs To Estate Planning?
Estate Planning | Whether you’re in the middle income and middle age bracket or high income and senior status, you’ve accumulated assets.
You want to protect those assets for certain people after you’re gone, but without an estate plan, that’s probably not going to happen.
Without an estate plan, Florida law is going to determine how your assets will be distributed. For example: Your brother who lives in Las Vegas who you haven’t spoken with in over 20 years might be appointed executor of your estate by a judge who you never met before in your life. That same judge is likely to even award your brother a percentage of your estate plus executor’s fees. Take control of matters, and create an estate plan. You need not be elderly to work with an elder law attorney. You’re just planning for the future.
Whether you have a will or a revocable living trust, your estate document can be changed at any time. You'll probably want to review your estate plan from time to time anyway, especially if your marital status has changed, or a beneficiary has passed away. You’ll also want to make sure that matters of contract like life insurance or retirement plan beneficiaries are up to date too.
Don’t forget that your estate plan can affect you when you’re alive too. If you’re rendered mentally incapacitated by illness or injury, you’ll need somebody to make financial and healthcare decisions for you. If you’re averse to being put on life support, you can expressly state that in writing, and Florida law will respect and follow your advance directive.
You can always make changes in your estate plan, so address your wishes properly. Stop the State of Florida and one of its judges from making your decisions for you.
Circumstances change, and the law recognizes that. We know that too, and we’re available to assist you in expressing your wishes with clarity and precision. Everybody needs an estate plan. Call our elder law attorneys about setting up your plan. You’ll be surprised at how affordable it can be.
Don’t wait! We can assist you with all of your estate planning legal needs. Call to schedule an appointment with one of the top estate planning attorneys Tampa has to offer! Tampa office at 813-367-1500 or send us your questions online.