A proper estate plan assures you that your assets will be distributed according to your wishes. Your loved ones will also be free from unnecessary financial stresses.
Plan properly with our estate planning law firm in Brandon, Florida, today.
What Is Estate Planning in Florida?
Your estate is everything you own, including your home, bank accounts, personal belongings, IRAs, and more. As such, estate planning is the preparation of a plan that will dictate where your assets will go when you pass on. In addition, an estate plan minimizes the legal costs your family will shoulder.
There’s also an important lifetime aspect in estate planning in Florida: it addresses what happens to you and your assets in the event of your incapacity during your lifetime.
Who Needs Estate Planning?
Our lawyers recommend that everyone in Florida consider estate planning — a plan tailored to their individual needs.
Here are some situations where an estate plan should be in order:
Older adults who want to leave their children an inheritance without too much expense
Families with young children (especially children with disabilities) that might consider an estate plan with delayed distribution trusts or special needs trusts
Parents who wish to protect their children’s inheritance when they remarry
Parents with children facing issues with creditors
Work with Experienced Estate Planning Attorneys in Brandon
With extensive experience in estate planning, the lawyers at Hemness Faller Elder Law helps families in Brandon and the rest of Florida plan for life’s eventualities. We help clients meet their primary objectives while protecting their assets.
