Leprechauns, four-leaf clovers and Irish Blessings might bring you good luck but will not help your estate plan. Estate Planning should not be left in an uncertain state or neglected. Having the proper estate planning set-up is essential for your legacy. If you have dependents, assets or simply want to be in control of who cares for you, your health, and other personal matters if you become unable to do so, you need to take control and set-up the proper documents.
Estate planning is preparing for the transfer of a person’s assets after death. It also includes the planning for what happens to a person’s estate, their dependents, and their personal care, if they become legally incapacitated. Careful planning now can help protect your assets, beneficiaries and minor children. Estate planning allows you to appoint someone you trust to help you with important personal and financial matters. It can also be instrumental in avoiding the time, costs, and emotional strains of probate and guardianship. Additionally, estate planning directs family and physicians on how to make healthcare choices in accordance with your wishes.
Another thing to consider is the validity of your existing estate plan. It is recommended that you have your estate plan reviewed every few years and have them revised following life changes such as moving to a new state, changes in your relationship status, having children, changes in assets, and changes in the law.
Overall, estate planning is about protecting what’s important when you can no longer do it. Because estate planning can be a complex and emotional process, it is typically recommended that you seek the legal advice of an experienced attorney who can guide you through the process.
Please feel free to contact our office for a free consultation at 321-610-4542 to talk about setting up your plan, and get the peace of mind of knowing you have the legal documents you need to protect yourself and provide for your loved ones without leaving it up to luck.