What will you think about as you craft an estate plan?

What will you think about as you craft an estate plan?

On Behalf of | Aug 4, 2021 | Estate Planning |

The majority of people in Florida probably don’t have an estate plan. So, if you are thinking about getting yours ready, you are ahead of the curve. But, there are many different options when it comes to estate planning, which might seem daunting to some of our readers. However, as long as you can visualize how you want things to go with your estate, the right options can be found. So, what will you think about as you craft an estate plan?

Well, for starters, most people usually think about where they want their assets to go after they die. For that, many of our readers will likely consider the use of wills and trusts. By setting out your directions and preferred plans, those who are administering your estate after your death will be able to closely follow your wishes.

For those who have minor children, it is important to consider who they would want to raise those children, if necessary. Naming a guardian is a delicate decision. Or, for who have been married more than once and have complicated family situations, considering how each individual will be affected by your estate plan is another thought to consider. And, there are other parts of an estate plan as well, such as a living will or power of attorney documents, for example, that you will likely want to consider if you want your estate plan to be comprehensive – which should probably be the goal in the process.

Putting your thoughts into a plan

At our law firm, we work with Florida residents who are ready to sit down and get their estate plan drafted and finalized. This is a big step, but also a crucial one. Your family members and close friends will be thankful that you took the time to go through the process. For more information, please visit the estate planning overview section of our law firm’s website.