01Sep 2020 by Pat Geddie
Components of a Comprehensive Estate Plan

Components of a Comprehensive Estate Plan

Estate Planning
When many people think of estate planning, they think of writing a last will and testament, commonly called simply a will. While a will is a critical part of any estate plan, it is far from the only document that will benefit you and your family. The following are some documents that are often components of a comprehensive estate plan that accomplishes your goals for the future. Will - A will is a cornerstone of an estate plan, and having a will makes the probate process much easier for your family and beneficiaries. You can use a will to distribute property as you see fit, as well as to name someone who will care for your children should it become necessary. Trusts - Even though a will can distribute your…
Read More
22Jul 2020 by Pat Geddie
Is Your Estate Plan Up to Date?

Is Your Estate Plan Up to Date?

Estate Planning
Thousands of people have unexpectedly become seriously ill or passed away in Florida so far in 2020. In times like these, it is common to wonder what might happen if you passed away. Would your property and family be protected by the estate plan you currently have in place? It is always wise to review and update your estate plan on a regular basis with the help of an estate planning lawyer in Boca Raton. There are several aspects of an estate plan that might need to be updated due to life events or simply due to the passage of time. Some events that might trigger the need for an update include: Marriage or divorce Birth of a child Changes in your other relationships Changes to your property and assets…
Read More
29Jan 2019 by Pat Geddie
Creating a Living Trust in Florida

Creating a Living Trust in Florida

Estate Planning
A living trust is an important part of many comprehensive estate plans. Though there are different types of trusts available, a revocable living trust is the most common. An experienced trust attorney can advise you whether this kind of trust is right for your situation. A trust can have many benefits, the most obvious of which is keeping your assets and property out of probate to save your family members time and money.  But how to create a living trust? Is it complicated? Our lawyers will walk you through every step of the process, but the following is some brief information about creating a living trust in Florida. Draft and execute your trust document - Your trust document provides your instructions for the administration of your trust, including who your…
Read More
15Jul 2018 by Chris Gerspacher
Why Should I Work with an Estate Planning Attorney?

Why Should I Work with an Estate Planning Attorney?

Estate Planning
Estate planning is an important way to plan for the future, regardless of age. In fact, estate planning is a process that even young adults should consider in order to provide for their children or family members should anything unexpected happen. Attempting to do estate planning on your own can be overwhelming, so it is helpful to work with an experienced estate planning attorney who understands Florida state laws. A seasoned attorney can also ensure that all the correct forms are completed, account for all of your assets, and make sure that your wishes are clearly stated in your will and/or trust. An estate planning attorney can also: Establish a durable power of attorney to make medical and financial decisions on your behalf Draft a will and/or trust to outline…
Read More