Fort Walton Beach Estate Planning Lawyers
Protect Your Estate
Per Florida law, when a person passes away their property and assets transfer ownership to new legal owners. With the assistance of a Fort Walton Beach estate planning attorney, you will be able to do the following:
- Create legal documentation that states your medical choices
- Pre-plans your funeral
- D ivide your property and assets while saving your family the stress of uncertainty
Estate planning laws are complicated, and without proper legal assistance you may cause yourself and your family more harm than good. At Vanover Law Firm, our attorneys are well-versed in elder and estate planning law.
Contact us at (850) 999-0006 to discuss your options with a Fort Walton Beach estate planning lawyer today.
The Benefits of Estate Planning
Estate planning ensures that your property and financial assets are distributed per your wishes. Successful estate planning will protect the interests of the deceased’s loved ones and ensure guardian care is available for children or relatives with specific or special needs. It will also minimize the impact of state, federal and estate taxes. If you don’t have an estate plan with a valid will, the division of your assets will be heavily taxed and decided by the state or your family members.
How we can help you:
- Revocable living trusts
- Advanced health care directives
- Asset protection planning
- Tax considerations
FAQs about Estate Planning
1. What are estate planning documents?
Estate planning documents in Florida include a will, durable power of attorney, living will, and designation of health care surrogate.
2. Should should I start estate planning?
It is never too early to start estate planning. The first step will be to take inventory of all your assets: investments, accounts, insurance, real estate, business assets, and any other valuable items. Two questions to ask yourself: what you want to achieve with those assets and who you would like to inherit them upon your demise. After making those decisions, discuss those plans with your heirs and begin to outline your future intentions in a clear way to your family and friends.
3. Why do I need an estate planning?
It is important to know where your assets are going after your death. Crafting an estate plan protects all involved after the death of a loved one. The clearer you are about where your assets will go and to whom, the easier it will be for your family after you are gone. Estate planning allows you to avoid probate, reduces estate taxes, avoids the inconveniencing of your family to figure out what you wanted, protects your beneficiaries (family discord & legal expenses), as well as protection from creditors.
Design Your Estate Plan Today
Our lawyers are skilled in helping our clients design successful estate plans. When you schedule a consultation with Vanover Law Firm, your personal choices and circumstances are prioritized. Our attorneys will discuss the details of your case and help you navigate possible financial obstacles and legal complications. We want you to feel comfortable in the decisions you make for the future of your family.
Ready to discuss how an estate plan can personally benefit you? Contact Vanover Law Firm for a FREE consultaiton.