Estate Planning Wills, Trusts, Advanced Directives

Estate planning is a selfless act undertaken by responsible adults. Before we elaborate on why let’s clear up two of the most common estate planning myths:

1.    I don’t have enough assets to warrant an estate plan.

2.    Estate planning is a single event. 

Although you likely have more assets than you realize, there are elements of an estate plan that exist outside of them, such as appointing a guardian for your children and creating advanced directives. These include living wills (separate from a last will and testament), health care surrogate designation, and anatomical donation. Furthermore, after you create a trust or a will, you need to update them after each significant change in your life (e.g., the birth of a child or a divorce). 

By creating a will or a trust, you are taking control over who receives your assets after you pass away. When you don’t have an estate plan, you are creating enormous legal hurdles for your family to overcome. Some of which could lead to trust and estate litigation. 

The attorneys of Florida Trust & Estate Counsel have over 40 years of combined experience and will guide you through the various estate planning tools at your disposal. Let us protect you, your assets, and your beneficiaries.