As a North Palm Beach estate planning attorney, it is my goal to show you the process of estate planning in a way that is simple and understandable. I will accomplish this goal for you because I have practiced estate planning in Florida for over 35 years.
Death is a difficult subject to talk about, and people often do not wish to discuss it. As your estate planning attorney I will make the topic less intimidating.
A brief description of these documents is below:
Living Will: This document states your wishes for the kind of life-sustaining medical intervention you want, or do not want, in the event that you become terminally ill and unable to communicate.
Health Care Surrogate: This document authorizes whom you choose to make decisions concerning your medical treatment in the event you are incapacitated to provide that consent to medical treatment but are not necessarily terminally ill.
Last Will and Testament: This document directs who will receive your assets after your death through a process called probate. Probate is a court supervised process whereby your assets are collected, and your creditors and any other claims filed against your estate are paid. This is a time consuming and cumbersome process, and is open to public review. Only after the claim process has been satisfied will your assets be distributed to your beneficiaries.
Signing a Last Will and Testament does not mean you will soon die, but it does mean you have taken charge of your affairs. If you die without one, the state decides who gets your assets without regard to your wishes or the needs of your heirs. It is also the best place to name guardians to raise your minor children.
Revocable Living Trust: I highly recommended this document because it is a substitute for a Last Will and Testament. Assets that you put into your Trust do not pass through the probate process. The provisions of this document, and the beneficiaries named in it, are not open to public review. It will eliminate 5% to 7% of the fees charged in probate.
These documents are discussed in greater detail in this web site.
It is my goal to provide these and other estate planning services to you at a fair and reasonable price.