 Wills
A will is a written document that serves to direct the distribution of your assets after your death. When we are alive, we have the ability to manage our property as we see fit. After we pass away, however, we have only a will to speak on our behalf.
A common misperception is that only the extremely wealthy need estate planning. The fact is, every adult needs a thorough, legally binding will. Without a will, your assets will be distributed according to state laws. Those distributions may or may not reflect your wishes. Only with a will can you have peace of mind knowing that your loved ones will be taken care of.
There are many benefits to having a will. First, a will helps reduce the expenses that deplete your estate, such as added administrative costs and avoidable taxes. Your will can also prevent potential familial discord.
Additionally, your will is your opportunity to select the person who will oversee the distribution of your estate, called a “personal representative” (formerly, an executor). You can select someone you trust to see to it that your wishes are honored and fulfilled.
The laws relating to wills can be complicated. Those who write their own wills often make mistakes that can lead to lengthy court battles or a distribution of their property that does not reflect their wishes and may not be legally valid. That is why you need an attorney to help draft your will.
Our Board Certified attorneys can assist you in this important matter. Board Certification is the highest level of recognition given by the Florida Bar of the competency and experience in the areas approved by the Florida Supreme Court. This designation signifies that an attorney meets standards of competency and knowledge in certain areas of the law including professionalism and ethics in practice.
Estate planning
Thorough estate planning is much more than merely writing a will. The estate planning process can also involve specifying medical directives, creating trusts, and designating guardians for minor children. Because each situation is unique, depending on the nature and value of assets, it is very important to work with an attorney who will take the time to create a personalized estate plan that addresses your individual needs and concerns.
You need an attorney who is knowledgeable about the laws that affect the way estate plans are structured. Our Board Certified attorneys understand all of the factors that can influence the proper plan for your estate. We will help you weigh your wishes, finances, and tax issues to come up with a plan that is right for you. |
