Estate Planning For South Florida Residents
One of the most important steps that you can take to protect your family and provide for them after your death or incapacitation is to meet with an estate planning attorney as soon as possible. Failing to take the steps now to ensure you have drafted and executed the essential estate planning documents leaves your loved ones to deal with Florida intestate laws and probate court restrictions. Instead of having immediate access to your property and assets, your family may be required to spend precious time waiting on the court and dissipating financial resources needed to provide for themselves and for attorney fees and court costs.
Without a valid will, the state of Florida will decide who inherits your property and what percentage each heir receives. Your family could face an expensive, time-consuming legal battle that is completely avoidable with proper estate planning. There are also important steps you can take to avoid probate all together, and save the cost and delay required by probate proceedings. Call for a free consultation to determine what steps you can take to avoid unnecessary costs and delays.
How Can I Protect Myself, My Family, and My Property
You can ensure your wishes and desires are honored upon your death or incapacitation by hiring a Palm Beach County estate planning attorney to guide you through the process of drafting and executing estate planning documents including:
- Last Will and Testament – A will is the most important estate planning document you can execute. Your will appoints a representative to administer your estate, identifies your heirs, and distributes your property to your heirs after your death.
- Powers of Attorney – Powers of Attorney allow you to appoint an agent to handle financial and other matters. Examples include Durable Power of Attorney, Limited Power of Attorney, and General Power of Attorney.
- Health Care Directives – These estate planning documents appoint an agent to make medical decisions on your behalf in accordance with your wishes, such as decisions regarding life-prolonging or life-sustaining medical procedures in the event you face a terminal illness and cannot express your wishes at that time. Examples include Living Will, HIPAA Release and Authorization, Designation of Health Care Surrogate, and Do Not Resuscitate Order (DNRO).
- Trusts – Trusts can provide for your beneficiaries during and after your life and/or incapacitation. Examples of trusts include Revocable Living Trust, Irrevocable Trust, Testamentary Trust, Special Needs Trust, Charitable Trust, and Pet Care Trust.
Are You Ready to Prepare an Estate Plan?
If you are ready to discuss an estate plan to protect you, your family, and your property, contact The Law Office of Richard S. Weinstein, P.A. by calling 561-745-3040 or contact us online to ask questions or schedule an appointment with an experienced Jupiter estate planning attorney. Our law firm serves clients in Jupiter, Palm Beach County, and the surrounding areas.