You never know when something could happen to you…

It’s important to make sure your estate planning documents are in order because you never know when or what age something could happen to you.

 

‘Game of Thrones’ actor Neil Fingleton dead at 36

http://www.foxnews.com/entertainment/2017/02/26/game-thrones-actor-neil-fingleton-dead-at-36.html

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Why Should I have a Backup on my Estate Planning Documents?

Many times when drafting an estate plan, people will name their kids or family members, or close friends as a beneficiary on their accounts and in their will.  Quite often they will use the same people or other close family or friends as their Health Care Surrogate and/or Power of Attorney.  What people forget is that families and friends often travel together and accidents happen all the time, all around us.  So it is important to have backup, or contingent, beneficiaries and agents listed in case one of those accidents happens to you or your loved ones. It’s not fun to think about, but it’s almost necessary.  Be in control as long as you can to help protect your legacy.

~Cristin Buell, Esquire 813-925-8083

http://www.thelegacylawfirmllc.com

Disclaimer: The content in this internet website is for informational purposes only and should not be construed as legal advice. Please contact an attorney for legal advice.

Why do I need an Estate Plan?

If you don’t create an estate plan to designate who will be your beneficiary, who will be able to make decisions in the event that you cannot and who will be guardian over your children, then the state of Florida will make that decision for you and it could be a decision you would not have wanted. Be in control as long as you can.

 

Disclaimer: The content in this internet website is for informational purposes only and should not be construed as legal advice. Please contact an attorney for legal advice.

Estate Planning Tips

  1. Start now – even if you don’t think you have assets, there’s more to Estate Planning
  2. Decide who gets what and how it should be spent – write it down
  3. Know the basics – Last Will and Testament, Designation of Health Care Surrogate, Living Will, Power of Attorney
  4. Consider taxes in creating an estate plan – the goal is to minimize taxes
  5. Avoid Probate, if possible – Probate can take 9 months or longer
  6. Work with a team – Estate Planning Attorney, Accountant and Financial Advisor
  7. Choose your burial or cremation preferences – and prepay
  8. Review your plan over time – recommended every 8-10 years

Disclaimer: The content in this internet website is for informational purposes only and should not be construed as legal advice. Please contact an attorney for legal advice.