It's not easy to think about the future, especially when it comes to issues pertaining to a debilitating medical condition or your passing. People often avoid the process of estate planning because they do not want to consider these things or they believe that it's not a necessary thing for their stage of life. In reality, estate planning is important for every Florida adult, regardless of age, health status and income level.
A trust is one of the most important legal items you can create. It protects your property and other items when you die. It can make your family have an easier time of distributing your assets and dividing up your belongings, avoiding family feuds along the way. Let's examine the important items you need to know about a trust in today's post.
Finding a guardian for an elderly family member is not easy. You have to come to terms with the fact that your loved one needs a guardian, for whatever reason. You then need to find someone you can trust who can be named a guardian if you are unable to do it yourself. Picking someone other than yourself or a sibling to be the guardian of an elderly loved one usually happens when you live far from your loved one.
When you sit down to create your will and estate plan, it's important to choose someone you trust as your executor. The most logical choice is your attorney. Why? When an attorney serves as your executor, you are putting yourself and your family in a safe situation when the inevitable happens. Here are some benefits of naming an attorney as your executor.