The end of the year is always a time that people break out various lists, and so here is our list of the Top 10 Things Every Florida Resident Needs to Know About Estate Planning:
1.? Estate planning is not just for the very rich. People from all walks of life need to have a basic plan in place for what will happen with their finances after they pass away.
2.? Dying without a will can cost your heirs a lot of money and let the state decide who gets what. If you have minor children, a will should designate who will take care of them.
3.? Even though it might be uncomfortable, you need to discuss your estate plans with those who are affected by them.
4.? If you don?t have an estate plan, you should start by taking an inventory of all financial assets, including investments, retirement accounts, life insurance policies, real estate, and business interests.
5.? An estate plan might include just a last will and testament or several other elements, including a power of attorney, a living will, a HIPAA Waiver, a Pre-Need Guardian and/or a trust.
The Dorcey Law Firm, PLC is a Florida Estate Planning, Asset Protection and Business Planning law firm with offices in Fort Myers, Florida and Naples, Florida. Our firm is dedicated to its clients, the rule of law and the betterment of the Southwest Florida community.
It is our goal to provide our clients with the highest level of legal services in the areas of Last Will and Testaments, Probate and Estate Administration, Living Trust, Irrevocable Trusts, Estate Planning, Asset Protection, and complete Business Planning. If you or someone you know needs information on Florida estate planning, please contact us today at 239-418-0169 to schedule your free consultation.
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Source: http://www.fortmyersestateplanning.com/?p=2169
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