A Will is your directions to the court on how your property should be distributed upon your death. If you do not execute a Will, Florida has legislation in place which dictates who will receive your assets. Executing a Will allows you to control who receives your assets after your death. Be prepared. Plan today.
A Revocable Trust is a useful tool in avoiding probate and helping to avoid the necessity of a guardianship in the event of your incapacity. Revocable Trusts (sometimes referred to as Living Trusts) work by transferring all of your assets into the Trust, thereby avoiding the necessity of probate in the event of your death.
In addition to maintaining control of your assets during your lifetime, a Living Trust allows you to appoint a Successor to act on your behalf in the event you are determined to be incapacitated. A Living Trust also sets forth your directions for distribution of your assets upon your death. We can help you determine if a Revocable Trust would meet your Estate Planning needs.
A Living Will allows you to choose whether you wish to have your life artificially prolonged in the event you have a terminal condition, an end-stage condition or are in a persistent vegetative state. A Living Will should not be confused with a Last Will & Testament, which appoints a Personal Representative for the distribution of property after death. We can advise and help you through making these types of decisions.
Probably the single most important document you can have is a Health Care Surrogate Designation. This document allows you to appoint an individual to be authorized to make medical decisions on your behalf in the event you are unable to make your own medical decisions. Let us help prepare yours.
HIPAA is the Federal Privacy Act that restricts the ability of health care professionals to discuss an individual’s medical care and/or condition with anyone other than the individual being treated. By executing a HIPAA Release, you authorize the release of medical information to individuals you have chosen.
When an individual dies owning assets in his or her individual name, the assets must go through Probate to be properly distributed to the individual’s heirs or beneficiaries. If the you have a valid Will, it will be admitted into the Probate Court and will serve as directions for the administration and distribution of your assets. If you do not have a Will, Florida law will govern the distribution of your assets through Probate proceeding. We are knowledgeable with these proceedings and can help you with your Estate Administration needs.