If you have children or elderly parents, it’s important to have an estate plan in place. Estate planning does not only apply to wealthy individuals; preparing an estate plan is advisable for everyone. Read on to discover a few of the basics you need to know about estate planning.
If you don't plan your estate, the state will
If you die without an estate plan, the state will divide your assets with your loved ones through probate. This is unlikely to be in line with your wishes, so find estate planning services in Coral Springs to assist you and your family.
A Power of Attorney allows a person to appoint someone to make financial and/or medical decisions on his or her behalf if he or she becomes physically or mentally incapable of doing so. It's critical to find someone you can entirely trust to handle bills and medical expenses, as well as make essential medical decisions.
Although death is a sad subject to discuss, it is critical to have an estate plan in place so that loved ones can continue their lives with minimal disruption. Estate planning is a necessary step that provides peace of mind and certainty to both the individual and the family. You've come to the correct place if you're looking for an attorney in Coral Springs, FL or the surrounding area. Ron Luzim is a Broward attorney, mediator, and former accountant based in Coral Springs, Florida. Call 954-755-1500 for additional information.
