The rules, regulations, and laws governing estate disposition can vary significantly from state to state. An estate planning lawyer in Aventura, FL, is well-versed in the specific process followed in Florida. In recent years, there has been a proliferation of “do it yourself” will kits, leading some individuals to question the necessity of hiring a knowledgeable lawyer. While a DIY approach may suffice for a few, the majority of people are wise to seek the guidance of a lawyer. The decision depends on various factors, including the individual’s assets, medical situation, and the involvement of children.
Your assets:
Probate, the legal process of estate settlement, typically requires a minimum asset threshold. If you have already transferred your assets to your intended beneficiaries, such as homes and vehicles, it’s possible that little remains for probate. In such cases, only personal belongings may be left, which can be easily distributed according to your written will.
However, if you have not yet transferred your assets, your estate will need to go through the probate process. To ensure a smooth probate proceeding, it is crucial to meet all legal requirements. An estate planning lawyer in Aventura, FL, is best equipped to ensure compliance and navigate the complexities involved.
Children:
Estate planning is not exclusively for the elderly, as death can occur at any age. Individuals with children must consider the possibility of premature death and plan accordingly for the welfare of their children. Establishing a guardianship agreement is a complex matter that involves more than simply assigning a guardian. It often necessitates setting up a trust fund to provide for the children’s future care.
To ensure your wishes are upheld upon your death, it is essential to consult an experienced estate planning lawyer in Aventura, FL.
To guarantee the proper distribution of your assets according to your wishes, it is highly recommended to hire an estate planning lawyer in Aventura, FL. You are invited to contact Fleurinord Law PLLC for further assistance.
