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Thursday, 22 December 2016

Tri-County Area FL Estate Planning Lawyer Offers Beneficial Estate Tips

By April Madrid


Although not everybody likes to do it, deciding how to distribute assets upon one's death is important. It can take care of a lot of problems for survivors. For those in Florida with substantial financial and physical holdings, determining how they will be distributed is probably best done with the help of a good tri-county area FL estate planning lawyer.

It is recommended that adults of all ages have an estate plan in case a medical emergency or other tragic event leaves them unable to communicate their wishes to family members or medical personnel. If a parent has minor children, the estate plan can provide for their well-being. Estate planning may be especially complex for blended families or single individuals. The estate planning firm advises clients to prepare a plan while they're young and healthy so they can explore all their options to preserve their legacy.

Everyone has a different situation and specific assets they want to preserve. A good trust attorney has the skills necessary to help each individual create a framework for the future unique to that client.

The Florida firm provides comprehensive legal representation, working with clients to draft wills and set up trusts. Legal counsel helps clients understand the benefits and limitations of estate planning instruments. Living wills, last wills and testaments, and the appointment of medical surrogates are discussed. Clients can designate a trusted individual who has power of attorney if they become incapacitated.

These attorneys will be familiar with the various types of trusts available. They can give advice and counsel with regard to what will best suit the client's needs.

There are many ways a professional can assist with the complicated process of distributing financial assets. The client may have a special charity to be mentioned in the legal documents and donated to annually. A special needs relative may require protection and instructions regarding government benefits that can be included in the plan along with instructions for ongoing care.

The firm serves a wide range of clients, from individuals and families to businesses. The Tri-County area FL estate planning lawyer helps clients create a "road map" to the future to protect their interests and those of the next generation. The choice of a lawyer is an important decision and should not be based solely upon advertisement.




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