4 Reasons Why You Need an Estate Planning Lawyer in Florida
Estate planning is an important, albeit sensitive, practice in the state of Florida. Whether you are a beneficiary of a will or trust or you’re making future plans for your estate, it is essential that you hire an attorney to help you. Here are four specific reasons why you need an estate planning lawyer in Florida.
Peace of Mind
One of the main reasons for hiring an estate planning lawyer is to have peace of mind. As you make preparations for your finances, real estate and other meaningful assets, you can be sure that everything you have worked hard for is distributed in accordance with your requests and terms. This is most commonly done in two different ways: wills and trusts.
- Will: a legal document written with an estate planning lawyer that designates the beneficiaries of your assets and property at the time of your death.
- Trust: a legal arrangement where a selected “trustee” manages and holds your assets in order to distribute them to the designated beneficiaries.
Creating a will or trust with an estate planning lawyer will give you the peace of mind that all your assets and property are properly accounted for regardless of life’s most unpredictable circumstances.
One of the most important reasons to have a will or trust is the ability to avoid probate for your beneficiaries. During the trying time after your death, the last thing you want is for your survivors to have to deal with the stress of sorting out your belongings and your assets. Hiring an attorney to draft a will or trust for your beneficiaries ensures that nothing is left up in the air for your family members regarding your assets or intentions for those assets.
In many instances, an estate planning lawyer in Florida can also put medical directives in place so that if you become mentally or physically incapacitated, you can still have peace of mind, not only about your assets but your medical directives as well.
Protect Your Assets
Asset protection is another good reason to hire an estate planning lawyer. Not only are you able to designate where or to whom your assets go upon your death, but you will also be able to protect your assets during your lifetime. Whether an unexpected lawsuit occurs, or a relational dispute arises, an attorney can prepare and protect your assets for any life event.
You can also reduce your tax burden upon your death by hiring a skilled lawyer. Setting up trusts for your loved ones can go a long way to ease their financial burden after you are gone.
Protect Your Family & Loved Ones
People commonly seek out an attorney to protect their spouse, children or other loved ones by creating wills and trusts. Whether your beneficiaries are young children or similar-aged adults, you can set them up for a stable future, even after your passing. Such measures include setting up trust funds for college tuition, real estate transactions for housing or designating other assets to best help your beneficiaries.
Trust Bonaquist | Allen Law
If you are looking for an estate planning lawyer in Naples, Florida – trust Bonaquist | Allen Law. With over 40 years of experience in the Southwest Florida market, Bonaquist | Allen is the name you can depend upon to create a will or trust or settle a probate trial.
Located in Naples, our estate lawyers are a caring team of professionals that seek to put your best interests, and the protection of your family and assets, first. With experience in other practices including business and real estate litigation, personal injury and real estate law, our team of skilled attorneys can plan help you plan for every facet of estate planning.
At Bonaquist | Allen, we understand the sensitive time after a loved one’s passing, and we make sure to honor their desires for their property and assets. So, if you are looking for an estate planning lawyer in Naples, Florida, hire Bonaquist | Allen Law. Contact our office today at 239-276-7127 or by visiting BonaquistAllenLaw.com.