If you are like many other Floridians, talking about death - especially your own - is not always the easiest or most comfortable thing to do. In fact, you may prefer to do almost anything else than talking about dying. This understandable aversion to fixating on our own demise, however, can lead you to avoid other things that are important and ultimately beneficial for you and your family members.
The Huffington Post explains that while estate planning does naturally involve some discussion of death, it is and can be so much more - and should still be done. Once the concern about death is put aside, there may still be things that keep you from making a will, trust or other future asset plans. Perhaps you believe that you do not have enough wealth or assets to worry about. This is a common yet untrue belief. Estate planning is not just for the rich and famous. Good plans can help your heirs by simplifying their decisions at a time when they are grieving. It can help to offset some family disputes. It may even help to avoid some taxes or save time settling your estate.
Estate planning can also be a valuable way of proactively establishing care parameters for yourself should you become incapacitated. Durable powers of attorney or advance directives may be part of your estate plan.
If you would like to learn more about estate planning and how it may help you, please feel free to visit the asset protection page of our Florida guardianship and estate planning website.