This holiday season, Florida residents are likely to spend time with loved ones near and far. While this is a season to spend quality time with each other, it is also the time of year where it might be suitable to discuss your estate plan and your wishes.
Young or old, thinking about your demise is not easy; however, it is an inevitable event in everyone’s life. Thus, it is something that should not be ignored or pushed to the side. By planning and preparing for this through an estate plan, you not only memorialize your wishes in legal documents, but you also help your loved ones move through your estate administration as painless as possible.
Memorializing your wishes
Every estate plan is unique to the individual or couple that creates one. At Golden Glasko and Associates, P.A., our law firm understands that you have specific goals for your estate plan. Thus, our attorneys utilize their expertise and experience to help create an estate plan that memorialize your wishes.
Creating an estate plan means considering all the working parts and components of the estate plan. Although a will is most often associated with an estate plan, it can contain so much more than just a will.
Estate plan documents
For many, designating property and assets to a loved one is important. As such, a will that makes these designations can be created. Your goal might be to avoid probate or to maintain control over certain assets. Therefore, it might be important to consider a trust or living will.
While an estate plan addresses what will occur after your death, it can also prepare for an event that incapacitates your or makes you unable to make financial and health decisions. Therefore, including a health care surrogate designation, guardians for adults and children and coordinated insurance.
The estate planning process can feel overwhelming and complex. Although it is not always an easy process to initiate, it is an important one to complete. A legal professional can help guide you through the drafting process and could aid if any updates are required down the road.