As the primary breadwinner for your family, you may question if there are any steps you can take now to protect your offspring’s’ future. The good news is: you can with wills and estate planning.
Our living trusts lawyers recommend that all families have a sit-down talk about estate planning – with a practiced attorney.
In the event of an unexpected death or illness, estate planning significantly contributes to stabilizing the financial future of those left behind.
What Is Estate Planning Exactly?
Estate planning isn’t reserved for the wealthy.
If you’re a hardworking citizen, chances are you have an estate, no matter how modest or extravagant you perceive this to be.
With estate planning, you ultimately get a chance to control three things
Who gets what assets
What assets are up for redistribution or sales
When beneficiaries should get listed assets
Estate planning, however, isn’t a cut-and-dry process.
There’s a lot of planning and reviewing involved, for:
- Whether to Set Up a Trust or Living Will
- Who Will Act as the Power of Attorney in the Event of the Planner’s Passing
- Whom to Grant Healthcare Powers to for Insurance Portability or HIPAA Releases
- Which Guardian to Appoint for Your Minor Children, If Applicable
Granted, there are many generic legal forms that can be signed online. But do you really want to take the risk for important matters concerning health decisions, guardianship, or the division of assets?
Our wills attorney in Lake County Florida is prepared to set up a custom and comprehensive estate plan for you – one that minimizes issues later.
Main Benefits of Estate Planning
- Estate planning helps loved ones get the most assets – with the least amount of taxes,
legal fees, and court dues. - Estate planning gives you control of what happens to your hard-earned assets
– and not the state.
Important Considerations:
- If you’ve moved to Florida from out-of-state, you will need to update your
will or trust to reflect local laws. - There are some key differences between wills and trusts. Our estate planning attorney in Lake County Florida can explain these during a consultation.
Wills Attorney in Lake County Florida Explains How to Execute a Will or Trust
An estate planning attorney in Lake County Florida can assist you expediting such processes as:
Arranging Assets | Informing Creditors | Liquidating and Allocating Assets | Paying Claims
Estate Planning Attorney in Lake County Florida Explains How to Dispute a Living Will or Trust
Our estate planning attorney in Lake County Florida recognizes that disputes are
common in times of grief.
In the event disagreements do arise, our revocable trusts lawyers represent contestants on both sides of the coin – that is trustees and beneficiaries.
Get Peace of Mind
Stabilize your loved ones’ financial future – now – by consulting Campione & Hackney, P.A.