You can control who receives your property after you die by using estate planning tools, such as a last will and testament, power of attorney, living trust, health care surrogate, or a personal residence trust. The process is easy if you work with an experienced attorney who knows what to do. An attorney can answer your questions, ensure that your will is legal and enforceable, and help manage any disputes or complications that may arise after your death.
An attorney can also help you plan for the possibility that you might become incapacitated before you pass away. This is done by creating a durable power of attorney and a living will. A durable power of attorney names someone you trust to make decisions on your behalf if you are not able to communicate your wishes. A living will outlines your preferences for medical treatment in the event that you cannot make your own decisions.
The best Wills & Trusts Attorney in Broward County Florida will also assist you in drafting other important documents. For example, a Lady Bird deed allows an elder person to retain a life estate in their house for the rest of their lifetime; upon their death title passes without probate to remainder beneficiaries (usually the elder’s children). A pour-over will is a simple document that acts like a safety net to make sure all assets outside your living trust are “poured” into it. This avoids having your loved ones go through the more cumbersome guardianship proceedings to manage your property.
A trusts lawyer can create a variety of different types of trusts that provide benefits such as reducing taxes, avoiding probate, and dictating how heirs receive assets. Trusts lawyers can also set up trusts for charitable purposes or special needs.
If you have a loved one who has passed away, it is important to work with an experienced lawyer. A Fort Lauderdale Wills & Trusts Attorney can help you determine the best way to distribute your assets. This can include deciding who should receive your property, who should serve as the guardian for any minor children, and whether you want to leave any assets to charity.
A Wills & Trusts Attorney in Fort Lauderdale can also help you draft other vital documents. For example, you might want to name a health care surrogate who can cut through the bureaucracy of hospitals and health insurance companies on your behalf. You might also want to establish a personal residence trust to keep your home out of probate. An attorney can explain the benefits of each document and assist you in executing them.