WHAT DO VOTING IN MIAMI BEACH AND ESTATE PLANNING IN MIAMI BEACH HAVE IN COMMON?
A big voting day occurred in Miami Beach, Florida and all over the United States a couple weeks ago. People are expressing their choices and getting out to make a difference. I voted and it felt great!
Other countries are not like ours and have many more restrictions. For example, in December of 2015, Saudi Arabia lifted their ban allowing women to vote and just this year, in 2018, they are finally allowing women to get driver’s licenses. Estate planning is similar to voting, because when creating an estate plan, an individual is exercising their free will and stating their preferences.
WHAT IS ESTATE PLANNING IN MIAMI BEACH, FLORIDA?
Estate planning consists of health care documents, including a living will, a power of attorney, and a will and revocable trust. There can be more documents, but these five documents make up a basic estate plan. In addition to these five documents, there may be other documents depending on the circumstances of each specific case.
DO I NEED TO BE A CERTAIN AGE TO DO ESTATE PLANNING?
Age is not a factor in determining whether you need estate planning or not. Young parents with real estate and assets should do estate planning, but they are usually unsure when to do it. The best time is now so you may sleep peacefully, knowing your wishes will be honored and your loved ones taken care of. Estate planning is needed when you have loved ones and assets (real estate, investments, bank accounts). Do you have minor children, loved ones, or relatives dependent on you for financial support? If the answer is yes, estate planning is needed to protect these loved ones. Do you have wishes regarding who gets what if you should pass away? If the answer to this is also yes, you too need estate planning.
WHAT IS THE FLORIDA INTESTACY STATUTE AND HOW DOES IT AFFECT ME?
If a will does not exist, the Florida intestacy statute takes over. In most cases, this is not as the person intended. For example, my new client wants his nieces and nephews to get his real estate and money, but his mother, who is 93 years of age, would inherit everything if he does not do his will. In this example, he will also have a revocable trust created to protect him from incapacity and the nieces and nephews from inheriting too soon.
WHY SHOULD YOU USE ALLY GLASER, PA TO HANDLE YOUR WILLS, TRUST, ESTATE PLANNING AND MIAMI PROBATE MATTERS?
As a Miami Beach, Florida, Estate Planning, Wills and Trusts, and Probate Attorney, I have over twenty years of experience and handle these matters with care. I am familiar and comfortable with the Miami-Dade County probate court system and know how to get things done. My unique approach to estate planning, probate, and trust administration, allows the family and loved ones to work together peacefully even in the most difficult situations. Call or email me today to discuss your Estate Planning, Wills, Trust, or Miami-Dade County probate matter.