Florida Estate Planning: Wills, Trusts and Other Strategies
You’ve spent years building financial and psychological security for yourself and your family. Don't lose it now! Numerous threats can erode your assets and prevent your estate from being managed and distributed according to your wishes. These threats include guardianship, estate taxes, disability and probate.
With a well-designed estate plan, you can:
- Protect your assets from being lost to unnecessary taxes, nursing home expenses, and probate fees.
- Ensure that someone you know and trust can handle your affairs if you become disabled.
- Help maintain your independence and keep the court out of your medical decisions.
- Eliminate worries that your assets might end up in the wrong hands, not with your heirs and other beneficiaries you choose.
An estate plan is about more than planning for death. It is about planning for whatever comes your way during your lifetime. A sound estate plan adds up to a lot of peace of mind for you and your family.
Unfortunately, most people tend to procrastinate when it comes to estate planning. Let’s face it, deciding who gets your assets when you are gone, and who will manage your assets if you become disabled, are tasks most people would rather ignore. But if you're reading this, you're probably ready to take that first step toward greater peace of mind.
Read these sections to learn more about Florida estate planning:
Your Florida Will: Building Block of Your Estate Plan
Avoiding Probate and Other Benefits of a Florida Revocable Trust
Frequently Asked Questions About Living Trusts
Disability Protection: How to Avoid Guardianship
Estate Tax Planning and Wealth Transfer for High Wealth Individuals
Planning for Children and Others with Special Needs
Transferring Your Home to Your Heirs