Estate Planning Services
Someday someone will have to decide what to do with your possessions and property. If you do not decide for yourself, the laws of the State of Florida will decide for you. The only way to make sure that your intentions are carried out after your death is to plan. One way to plan is by designating beneficiaries on your bank accounts, brokerage accounts, and Real Estate. If you have your assets titled in your name as a married couple, the assets will automatically pass to the surviving spouse and no Probate will be necessary. Life insurance, annuities, and 401K’s that designate a beneficiary will not go through Probate. These accounts will pass to the designated beneficiary. If you wish to provide for beneficiaries who have special needs or have the beneficiary paid out over time, it will be necessary to establish a Trust. In addition to Wills and Trusts, I will discuss a Living Will/Dying Declaration, which states you do not wish to have your life prolonged artificially. Also an option available is a Health Care Surrogate, which will allow a person of your choosing to make health care decisions on your behalf. Another option to consider is a Power of Attorney, which is used in the Estate Planning process as a fall back in the event you are unable to take care of your business.