Proper estate planning does more than establish your last wishes; it also gives your survivors peace of mind. Unfortunately, according to a survey from RocketLawyer.com, 41 percent of baby boomers do not have a will in place. Passing away without having taken the right measures means that assets are often left to the Florida courts to divide.
The New Year is here, which means many people in Lee County, and elsewhere, are looking for ways to improve their lives, including their financial matters. One area that people often tend to overlook is their estate plan. However, the New Year offers a great time to review one’s current plan, or to start one if a person hasn’t already. One very important part of every estate plan these days is a person’s digital estate.
In Florida and across the country, people are turning to the online world for just about everything. Pew Research conducted a survey that found approximately 85 percent of adults in the United States use the Internet in some way, such as storing personal property. The survey also found that 51 percent of adults are using online bank accounts.
Just about everyone in the Lee County area knows what a will is, or has at least heard the term. A will is a very important document wherein a person names someone to manage his or her estate and assets upon death. While many people know the importance of having a will, not everyone knows how important of a role a will executor actually plays after the owner of the will, or the testator, passes away.