Estate Planning

Many people put off making Estate Planning decisions because it forces them to think about their own mortality. Developing an estate plan, however, can give you peace of mind from knowing that your family will be financially secure and that your wishes will be carried out.

A proper estate plan involves strategies to minimize potential estate taxes and settlement costs, as well as to coordinate what would happen with your home, investments, life insurance, employee benefits, and other property in the event of death or disability.

An Estate Plan

  1. Sets out a person’s instructions as to what should happen to his or her property at incapacity or death.
  2. Directs who you would like to care for your minor children if you are unable to do so.
  3. Appoints someone to manage your finances and healthcare decisions when you are unable to make them for yourself.
  4. Provides financially for family members and loved ones after you are gone.
  5. Minimizes the effect of taxes and other expenses.

If you don’t have an estate plan made in advance, these important decisions are left in the hands of others. Frequently, this means your family will face expense and delays as they attempt to manage your affairs.

Attorney Hardy can educate, counsel, and assist you in your Estate Planning process. Some of commonly asked questions in the Estate Planning Process are:

What is a Will?
What is Probate?
Why do some Floridians want to avoid or reduce probate?

What are the ways to avoid or reduce Florida Probate?
What is Florida Small Estate Summary Administration?

What is a Revocable Living Trust?
How does a Revocable Living Trust Avoid Florida Probate?
What is a testamentary trust?
Does Florida Homestead Law affect estate planning?
What is the Estate Tax?
Are life insurance proceeds tax free?
What is a Living Will?
What is a Healthcare Surrogate?

What is a HIPPA waiver?
What is a Power of Attorney for Finance?