Florida Estate Planning
Florida Estate Planning Attorney
What is Estate Planning?
Estate planning involves the protection, conservation and distribution of your assets to your loved ones and beneficiaries following your death. The Florida estate planning attorney process includes developing a plan in addition to preparing the necessary documents that will ensure the honoring of your property and health care wishes after you pass away.
The term estate refers to all of the property you own at the time of your death. Some examples include:
- Bank Accounts
- Personal Property: Vehicle(s), Boat(s), Jewelry, Works of Art, etc.
- Real Estate
- Securities: Stocks, Investments, etc.
- Life Insurance Policies
The Importance of Estate Planning
The truth is that most people in the United States do not have a will, much less a comprehensive plan for their property when they die. Estate planning ensures that your loved ones and beneficiaries are taken care of after you pass away.
Regardless of your age or your net worth, having even a basic estate plan in place is highly important. An estate plan should include the following elements:
- A will
- Power of Attorney assignment
- A Living Will/Medical Power of Attorney
Comprehensive estate planning also has the capability to clarify important legal questions that may arise after your death, such as the ownership of personal property, the state of your financial affairs following your death, and a clear indication of the distribution of your assets to each beneficiary. It also includes legal information to care for you if you are still alive but cannot make decisions for yourself, like guardianship and elderly care.
Estate Planning - More Than Preparing Documents
Understanding the estate planning process can be a complex and confusing undertaking. Our Florida attorney team will work with you to determine the best plan for your needs and the needs of your loved ones, whether it means revising an existing will or designing a comprehensive estate plan from scratch based specifically on protecting your family’s future.
During the estate planning process, it is vitally important to take into account the federal and state laws that govern estates. Having an experienced Florida estate planning attorney to assist you through the estate planning process will help ensure that your plan complies with all federal and state regulations. The experienced estate planning attorneys at LaBovick Law Group understand the intricacies of the estate planning process. Our estate planning lawyers will take to time to tailor an estate plan to meet the needs of you and your family.
Call 1-888-777-3884 now to speak to an experienced and caring Florida Estate Planning attorney about your matter.
The Florida estate planning attorneys at LaBovick Law Group assist clients throughout Florida, including Palm Beach, Martin, St. Lucie, and Broward counties, and the cities of Palm Beach Gardens, Jupiter, West Palm Beach, Boynton Beach, Stuart, Port St. Lucie, Delray Beach, Lake Worth, Boca Raton, Deerfield Beach, Fort Lauderdale and many other areas.