ESTATE PLANNING IN MIAMI BEACH, FL-WHAT ABOUT MY CHILDREN?
Estate planning is important for most people with assets and loved ones, especially young parents. Young parents may think that only older people plan. This is not true as you are never too young to plan. Your estate plan can be changed as the children grow and become more responsible. For children, losing a parent is terrible, losing a parent without planning is even worse.
HOW DO I HANDLE MY CHILDREN IN MY ESTATE PLANNING DOCUMENTS?
Your children are often your most prized possession and thus, should be treated that way in life and in death. Instead of giving everything to your kids when they are minors and them needing a guardianship which is run by the court system, you can hire an estate planning attorney in Miami Beach, Florida and get your documents and goals in order. For example, your attorney can create a revocable trust where you appoint a trustee and determine the ages when your children can obtain the assets outright. For example, some people choose half and age 25 and half at age 30.
WHAT IF WE HAVE NO ESTATE PLANNING AND WE BOTH DIE LEAVING OUR YOUNG CHILDREN?
No estate planning means no will and no trust, usually creating the need to hire a Miami Beach probate attorney and take the case to court for a Judge to decide all matters relating to your kids, your business, your assets, and anything else that comes up. A will alone also goes to probate court and is completely public. Probate court in Miami, Fl is a long process where all decisions are determined by the court and a Judge. Proper estate planning with a revocable trust avoids probate court and is completely private.
WHO TAKES CARE OF MY CHILDREN IF SOMETHING HAPPENS TO ME?
If you are lucky enough to have planned ahead and hired an estate planning attorney in Miami Beach, Fl, you may have chosen who takes care of your minor children if you cannot. You may also say who you do not want taking care of your minor children; for example, if you have someone close to you or a relative that may not be the best choice to care for your children. Finally, a separate person may be appointed to manage your children’s finances until they reach a chosen age. Thus, there are so many estate planning options for parents of young children.
WHY SHOULD YOU USE ALLY M. GLASER, PA TO HANDLE YOUR WILLS AND TRUSTS, ESTATE PLANNING IN MIAMI BEACH AND MIAMI-DADE AND BROWARD PROBATE MATTERS?
As a Miami Beach Estate Planning, Wills and Trusts and Probate Attorney in Miami Beach with over twenty-six years of experience and both a Psychology and Law degree, I handle these matters with knowledge and sensitivity. I am familiar and comfortable with both the Broward County and Miami-Dade probate court system and know how to get things done. Additionally, because I do both estate planning and probate law, I am familiar with the challenges of each and provide my clients with additional protections. Call or email me today to discuss your Miami Beach Estate Planning, Wills and Trusts and Miami-Dade County Probate matters. I am happy to help you and your loved ones during this important process.