Are you concerned about the future? Would you like to leave your family with as much confidence as possible? Having a comprehensive estate plan is a gift that can provide comfort, security, and peace of mind now and in the future.
Our experienced Port St. Lucie estate planning attorney at Fleysher Law can help you achieve this. We will rest once we are confident that your assets are protected.
You have loved ones and assets you want to protect. You need help ensuring your assets go to those you love, not strangers or the government. An estate planning attorney would be best for you!
Find out how an estate planning attorney can help ensure your business, retirement, and assets are handled according to your wishes. Contact our legal team at (888) 886-0020 for a free consultation. We will sit down and review your situation, evaluate your options and explain the ins and outs of every type of estate-related plan.
It’s critical to understand your options when new estate planning tools arise. We put up this guide to assist you.
Medicaid is a federal and state government-run program that offers health insurance to needy people. In Florida, if a household’s annual income is below a specific amount, Medicaid is available to 65 years old and above.
It’s challenging to qualify for Medicaid. Planning will let you keep as many assets as possible while maximizing your access to Medicaid benefits. Planning for Medicaid is crucial if you or a loved one will need long-term care. Only in rare circumstances can Medicaid insurance pay for the high cost of long-term care.
Our Port St. Lucie estate planning attorney will collaborate with you to maximize your Medicaid eligibility while making wise choices on your current assets.
Your will is a legal document, usually prepared by an attorney. These define how, when, and to whom your possessions will go when you die. Your will can be brief, but it should consider various factors, such as:
You may also need to use a trust to achieve specific or more complex financial goals. A trust is a legal framework that governs the disposition of an asset, whether it is real estate or cash. You can transfer an asset to a trust for estate planning purposes. Which then “owns” the property for the benefit of or eventual distribution to a beneficiary. You can create and transfer assets to a trust during your lifetime or through your will (called a testamentary trust).
You can do the following with the help of several trusts:
The legal procedure known as “probate” is necessary. To show the reliability of a will and the accomplishment of a decedent’s expressed wishes about their property. A complicated collection of laws governs the requirements for probate in Florida. An estate planning attorney can serve as your representative after your death. Your probate lawyers will organize your estate so that probate is as simple as possible.
Choosing a guardian is crucial if you have small children or are considering having children. Ensure that the individual or couple you select shares your view and is financially stable and is eager to have children. In addition to the primary guardian, you must also designate a backup or contingent guardian.
Without these designations, a court could order your children to live with a relative you would not have chosen. In extreme circumstances, the court could order that your children become state wards.
A power of attorney allows another person to act on your behalf and make choices. Generally speaking, a power of attorney document restricts an agent’s authority. For example, you cannot be present when describing their function as your proxy for a transaction.
Even after incapacity, durable powers of attorney can provide more extensive legal representation.
If you are in a car accident and unable to communicate, a durable financial power of attorney in an estate plan lets you choose someone to handle your finances. A healthcare power of attorney tells doctors who to call if you’re incapacitated.
An estate plan prevents legal issues with the probate court in the future. Without one, when you die, your property must go through a probate court to be distributed. The judge will decide who will receive what part of your property after reviewing all the claims made by potential heirs and beneficiaries.
Instead of leaving it up to a judge who doesn’t know your life or family, you can determine who inherits your property with an estate plan. You can also use trusts and other vehicles to ensure that particular objects go to specific people or charity organizations.
An estate plan is essential if you want to ensure that your wishes are followed after your death. It also helps avoid confusion among heirs and beneficiaries about what they are supposed to receive after your death.
Furthermore, because the probate process is a court of law, it opens the door to litigation and debates among relatives and friends who may disagree on how you should allocate your assets. You can prevent these complications by including a written will and trust as an estate plan.
At the Law Offices of Fleysher Law, we pride ourselves on being one of the most reliable Port St. Lucie estate planning law firms. Our attorneys have worked tirelessly to help our clients leave their loved ones with peace of mind.
But there are other reasons you should consider hiring our law firm to handle your estate planning needs. Here are some:
When you choose us as your estate planning law firm, you can rest easy knowing that you won’t have to worry about any added legal costs. You’ll have a dedicated team of professionals working for you at every step, from creating a custom plan specific to your needs to helping you carry it out once it’s in place. We customize creative solutions and flexible payment alternatives for each client.
It’s time to make your desires for the future a reality. Whether you have already named your executor or are just now writing those important documents, contact our Port St. Lucie estate planning attorney today! Fleysher Law is ready to help you create a comprehensive plan for the future of your family’s wealth and your legacy. Let us be your guide in this process of creating wills, trusts, living wills, or other legal documents.
Our law firm aims to protect your interests and your family’s. So contact one of our experienced Port St. Lucie lawyers at (888) 886-0020 today to discuss a wide range of legal services.