Topics include:
–What’s an Estate Plan? Who Needs One?
–Horrible situations that come up
–How do people choose who to name for power of attorney, healthcare surrogate, personal representative?
–How do I provide for my pets?
Recorded March 2024
Topics include:
–What’s an Estate Plan? Who Needs One?
–Horrible situations that come up
–How do people choose who to name for power of attorney, healthcare surrogate, personal representative?
–How do I provide for my pets?
Recorded March 2024
The first is a Last Will and Testament, which describes how an individual wants their property (the legal term is “bounty”) distributed after passing.
The other three are essential while an individual is living.
What’s best for estate planning? Quitclaim Deed or Lady Bird Deed?
If you love your family, you plan. When you pass, your loved ones are best served if you give them a plan. Then the only thing for them to do is grieve. You plan to provide that luxury.
This, like other pieces of planning, can be hard. Florida allows pet trusts where money can be set aside for the specific purpose.
Many times people, as they age, decide there will be no more pets because they’re not going to run the risk of dying and not know where their animal will go.
This can be tough – people feel obligated to name spouses, to name children, to name family.
Trust is the key. The people named have to be willing to honor your wishes – not there own – whether as a power of attorney, a healthcare surrogate, or a personal representative after you pass.
These can be VERY hard choices.
Horrible situations are those that could be avoided with a competent counsel.
An estate plan is where you’ve pulled together, in one place, all your “bounty” – physical and intangible – naming individuals to take care of you now if needed and to distribute the “bounty” after you’re no longer here
Anyone who is 18 needs a plan – tough things happen, and help is needed. Young people die, and without a plan, things are even more painful and heartbreaking. Without designating people, no one can help.
Most would not have trusted themselves with $50 much less many multiples of that when they were 18. A Family Trust is important/essential when there are minor children. They’re also essential if someone in the family is receiving government benefits or might need to in the future.
I do Estate Planning – Wills, Powers of Attorney, Health Care Surrogates.
I do special needs trusts when it’s judicious to do – already existing situation where it will be needed or potentially they’ll be a situation where it’s needed
And, I’ve learned the value of Elder Law – to protect assets of people who’ve worked hard, saved, and have assets, and they think they have to lose everything to apply for government help.
We have a unique perspective on estate planning that serves our clients well. We thoroughly review not just your assets and your wishes but your legacy. We ask the questions “What’s in the best interest of this family, how do we achieve those goals and what kind of legacy do you want to leave behind?” After answering these key questions, we help you determine the best course of action for your family going forward.