Estate planning with your Orlando estate lawyer is the smartest thing you can do for yourself and your family.
In my opinion the earlier you can do this the better as none of us are promised tomorrow. As I said in the thread on will contests there is very little the family can do and a short time to do it in if there is a mistake in the will or if you leave them without a will. Estate planning is not only about creating an appropriate air-tight will, but also about protecting that estate from taxes, you and your spouse from poor elder care, and to maintain independence for as long as possible.
Estate Planning now so your family won’t have to deal with a mess later
Decisions should be made while you are younger in regards to the finances of your elder years, including guardianship, medical accounts, business succession, and disbursement of your estate. Many people think only to the will when they think of estate planning and forget that there may come a time in their lives when they are no longer able to care for themselves or their elder spouse. Preparing for the future, also includes looking at potential disabilities and what those costs could potentially be in the future, as well as, who you trust to administer your estate and provide guardianship in the event that you become unable to make decisions for our own life.
No one likes to think of their own death or mental/physical incapacitation and as a result humans tend to procrastinate. As a Florida estate lawyer I cannot urge you enough to think ahead. Having a well-thought out estate plan will prevent your family from having to deal with the cost, trouble, and heartache of the court system and allow you to maintain your personal dignity and independence for as long as possible. There are ways to spare your family undue burdens, such as revocable trusts, succession plans, and medical accounts for the elderly.
Orlando estate planning and Florida elder care planning
As I’ve said, start planning now so that your family won’t have the burden later. As an Orlando estate lawyer I routinely help families write wills, create business succession plans, create medical management plans and other details of an estate. I know the value in putting together a good plan as I’ve done the same for my own family. We love our families and want them to be taken care of if we are incapacitated or have left this plane of existence. We don’t want them over burdened with taxes, or debt. We don’t want them to have to be in charge of our medical care alone or have the guilt of final medical decisions. Call me today to get started. Even if we just ensure there’s a legal will on file, it’s a start.