A Broward-Palm Beach-Dade TriCounty FL Estate Planning Lawyer would like to discuss with you some of the benefits of estate planning (Disclaimer: The choice of a lawyer is an important decision and should not be based solely upon advertisement). If you’re considering how you can best protect your legacy and assets for loved ones who are left behind, a knowledgeable estate planning lawyer is essential for creating the right legal documents and a plan for the smooth transfer of your property.
An estate planning lawyer is very experienced in creating trusts and drafting wills that will accurately address your goals. He will also provide an advance powers of attorney and other indispensable advance directives so that your wishes will be followed exactly incase of incapacitation or becoming disabled. A Broward-Palm Beach-Dade TriCounty FL Estate Planning Lawyer has state-of-the-art tax law expertise, and he is eminently skilled in the development of thorough estate plans that will take any tax consequences under consideration. He will also handle every aspect of estate administration and probate, including tax filings.
Having a complete estate plan can preserve your estate for your heirs’ benefit, and will keep control over assets distribution. A thorough estate plan will help to reduce, or even eliminate, any taxes on the estate. It will assign a person that will act according to your wishes if you become incapacitated. It will avoid probate by protecting your privacy. It will have prepared a payment plan for estate taxes that will assist your beneficiaries in covering future as well as immediate needs.
Estate planning is essential for business owners who are attentive to succession planning, for people who have the desire to support philanthropic causes, and for members of second marriages and blended families to have peace of mind after you’ve gone. Your estate planning lawyer will draw up a will, a health care proxy or medical power of attorney, as well as a durable power of attorney, so that someone of your choice is authorized to make decisions for you during your lifetime if you cannot.
The choice of a lawyer is an important decision and should not be based solely upon advertisement.