Estate Planning Lawyer in Vero Beach, Florida
Protect your family’s legacy with proper estate planning with the Estate, Trust, & Elder Law Firm, P.L. in Vero Beach, Florida. Our estate planning lawyers can help you with a range of estate planning matters, from helping your write a will to helping you decide whether a will or a trust is the best estate planning instrument for you. No one likes to think about end of life matters, but having a proper will, trust and advanced directive in place is important to ensure that your wishes are honored and your financial affairs are in order should you pass away. Regardless of your financial situation, everyone should take the time for estate planning and end of life planning. For example, do your loved ones know what kind of medical care you would like to receive if you were to become seriously ill? Do you know who would take care of your children if you or your spouse were to pass away? Have you made clear how your heirs will handle your debts, and inherit your property or assets should you pass away? Estate planning can help you address these questions.
While it might be tempting to use a template will from the internet, no online template can replace the sound legal counsel of an estate planning lawyer in Vero Beach, Florida. The Estate, Trust, & Elder Law Firm, P.L. can take the time to review your situation, help you understand the tax implications of a will or a trust, and help you choose the best estate plan going forward. There are many legal technicalities that can render a will invalid. An estate planning lawyer in Vero Beach, Florida like the Estate, Trust, & Elder Law Firm, P.L. can help you write your will so that your will can pass probate.
Estate planning is so much more than writing a will. Estate planning involves considering end of life care and considering who will manage your finances should you become ill, incapacitated, or disabled. The Estate, Trust, & Elder Law Firm, P.L. is an estate planning lawyer in Vero Beach, Florida who can help you with all your estate planning needs. It is never too soon to begin.
What Should Be Included in My Will?
When considering what should be included in your will, no advice you can find online can replace the legal counsel of the Estate, Trust, & Elder Law Firm, P.L., an estate planning lawyer in Vero Beach, Florida. While a will should generally contain some basic elements, the specifics required in your situation may vary. Furthermore, the estate planning law firm at the Estate, Trust, & Elder Law Firm, P.L. in Vero Beach, Florida can help you determine whether a will is the best estate planning structure for your needs or if you should consider a trust instead. When it comes to writing your will, it is important to get it right. Failure to sign a will properly can lead to problems and issues after you pass away. Failure to address tax issues or to properly include certain details can cost your family and loved ones hundreds, thousands, and in some cases, tens of thousands of dollars. So, what should be included in a will? Here are some basic elements every will should contain:
- List your heirs.
- List your assets and specify which of your assets will go to which of your heirs. In many cases, individuals leave their property to their spouses or to their children, but you should also consider alternates in the event your spouse or children die.
- Consider your children. If you have minor children, your will is a place where you can specify who will care for them. While your spouse might seem like an obvious choice, you should also consider what will happen to your children should both you and your spouse pass away.
- Sign your will properly. It is not sufficient to sign your will in the privacy of your own home and expect it to pass probate. You must sign your will before at least two witnesses and should get the will properly notarized.
These are just some basic things that every will should include. However, every person’s situation is unique. The estate planning lawyers at the Estate, Trust, & Elder Law Firm, P.L. in Vero Beach, Florida can help you draft your will and consider all the additional information your will should include. Contact our firm today to begin planning.
Vero Beach End of Life Planning
Your estate planning shouldn’t just include your will. It should also address other issues, like what will happen to your money, property, and to your medical care should you become disabled, incapacitated, or unable to make decisions for yourself. A power of attorney may grant a loved one or a family member the ability to make decisions regarding your finances and assets. A living will or advanced directive can make clear your wishes for end of life care. Don’t want to be resuscitated? This can be included in an advanced directive or living will. The Estate, Trust, & Elder Law Firm, P.L. is an estate planning law firm in Vero Beach, Florida that can help you plan for end of life care.
Get Started with Estate Planning Today
The Estate, Trust, & Elder Law Firm, P.L. are estate planning lawyers who can help you write your will, make end of life plans, and establish a guardianship if appropriate. It is never too early to begin planning. Contact the Estate, Trust, & Elder Law Firm, P.L. today to learn more about our estate planning services.