It is not uncommon for one person in a family to be faced with a serious illness or degenerative condition that can render them unable to make critical decisions. This leaves relatives searching for ways to take care of their loved one. At these times, having identified a person who can make such choices on your behalf is important. One means of doing this for Florida residents is by setting up what is called a power of attorney.
Many Florida residents take great care to engage in estate planning in an effort to provide for their family members. When developing a will, they can choose from a joint will, a living will, an oral will and more. Additionally, as noted by the AmericanBar.org website, as life changes, the need to change a will may logically arise as well.
Many of the Lee County clients with whom we’ve worked here at the Offices of Levins and Associates are unware that there are two potential options when administering an estate through probate. Depending upon the estate, you can choose to go through either summary or formal probate administration. In some cases, your deceased family member or friend may have already elected which process to go through in his or her will. However, if the decision is yours, there are several things to consider before choosing which option to pursue.
When considering means of estate planning, Floridians have many choices available to them. Wills are likely the most commonly known form of documentation utilized for protecting assets after death but many facts about them remain unknown by people. There are also different types of wills for different needs and understanding these is important for anyone looking to create a will.
Here at Levins and Associates, L.L.C., we strongly encourage Lee County residents to begin the estate planning process early on in their lives. However, many people still come to us concerned about how an estate is administered when one dies without a will. If you recently had a loved one who died intestate (without a will), you could be facing a long and complicated process as his or her estate passes through probate. Understanding Florida’s laws regarding estate administration may help you through this ordeal.