Estate Planning

Many people in Florida put off creating a will because they feel it is morbid, or they just do not want to think about their own death. However, creating your will is not something you do for yourself. It is something you do for your loved ones. Do you want to leave behind chaos and confusion over your estate, or would you rather leave things well taken care of? When you think of it like that, creating your will can be a fun exercise in caring for your family even after you are no longer on this earth.

Contrary to popular belief, it is not only the elderly who need to think about estate planning. The oldest millennials are pushing 40, while the youngest are still college age. Nevertheless, it is important for all adults to make plans for what will happen in the event of their deaths. If you are a parent of minor children, it is especially important to consider not only what will happen to your property when you die but who will care for your kids.  

You just graduated from college in Florida and received your first “real” job offer. Surely it is a better use of your time and energy to focus on your career and not your estate, right? 

A fiduciary is a person who holds a trusting legal or ethical relationship with another person or group. The fiduciary will act on behalf of the person who appointed them, therefore they should act in an extremely loyal manner to the person to whom they owe a fiduciary duty.

Creating a last will or estate plan is one way to help solidify your final legacy after you’re gone. You take the time to carefully assign your assets and possessions to loved ones, family members and even charities you support. The idea is to provide something of value to your loved ones, not to create an additional burden for them when you’re gone.