NEW TAMPA ESTATE PLANNING ATTORNEYS
What is estate planning?
It is sometimes uncomfortable to think about the possibility of incapacity or the eventuality of passing away. It is difficult to consider that you might no longer be around to provide for our loved ones, that you might have to rely on others to manage your finances, or that someone else might have to make decisions for you in the event of your death or incapacity. However, with the proper planning and preparation, you can have peace of mind that your affairs are being handled according to your wishes.
Estate planning refers to the process of planning and preparing for the event of your death or incapacity. A complete estate plan will address a variety of concerns including how assets will be distributed upon your passing, how your finances will be managed, and who will make health and medical decisions should you become incapacitated. Estate planning is exceedingly important because it is how you make your wishes known to your loved ones.
The process of estate planning involves the evaluation of a variety of goals and interests. Some things to consider when putting together an estate plan are:
The value and type of assets that are involved.
Who will serve as the personal representative of your will.
How you want your assets distributed in the event of your passing.
Whether a trust should be established and if so, the type of trust that is appropriate.
Who will serve as the trustee of any trust that is to be established.
Your health care directives and who should be designated to act as your health care surrogate.
People often put off planning for their death or possible incapacity. However, making financial and health care decisions and making these decisions known will ensure that your affairs are handled according to your wishes.
CONTACT US today to schedule your FREE and CONFIDENTIAL consultation with one of our New Tampa Estate Planning Attorneys! Our offices are located in Tampa and are convenient to New Tampa, Wesley Chapel, and the Greater Tampa Bay area.