Putting together an estate plan is the best way to make sure your family and property are taken care of when you eventually pass away. It can also provide for your care while you’re living, giving you control and flexibility that a simple will may not. Here’s what you need to know about establishing a trust for your estate plan in Miami, FL. What is a trust? Creating a trust allows you to appoint a third party to manage the funds if and when you cannot, such as when you’re traveling or if you’re incapacitated. The person who creates the... View Article
This may sound morbid, but there is no time like the present to start estate planning. Even if you are at low risk of complications of COVID-19, it is still a good idea to make estate planning documents in Miami, FL a priority, because the overall risk of death and disability is higher during pandemics. It is best to be prepared rather than throw your family for another loop. Here are four essential tasks to complete for estate planning now: Check your will: If you have a will, check and make sure it is current. This is especially essential if... View Article
Are you ever too young to write a will in Miami, FL? No. Once you’re over 18 years old and own any property, you should have a will. No one likes to think of themselves dying, but death is an unfortunate fact of life, and having a legal will written will help your surviving loved ones carry out your final wishes. You can create a will yourself or with the help of an attorney, but bear in mind that if you do it yourself, you may leave instructions that can’t be legally upheld. If you have important property dispositions in... View Article
Even if you lack the pre-existing conditions that would make COVID-19 instantly deadly, this is still a good time to accept the fact that nothing is guaranteed and you need estate planning documents in Miami, FL. Families with incapacitated loved ones face further confusion when no one is appointed to make medical decisions on your behalf, or even access your bank account to pay utility bills. You can reduce stress and infighting in your family with the right estate plan in place. Here are five documents you need today: Healthcare power of attorney: If disease or injury results in incapacitation... View Article
As COVID-19 spreads across the world, mortality is on many people’s minds—and so should the important task of estate planning in Miami, FL. No one wants to consider the inevitability of death, but as unpleasant as it may be, setting up your estate is a kindness to those who survive you. After all, there are certainly people who will grieve your passing, and the last thing they’ll want to have to do is determine how to handle your affairs on their own. Why now is a good time to plan your estate There’s never a bad time to create an... View Article
