Regardless of your age or the stage of your career, it’s never too early to start thinking about your family’s future. While some life changes might seem unlikely, an
estate planning firm in Orlando FL can help you prepare for them. A good estate plan will serve as protection for thefuture.
Create a Will and a Trust
If you have minor children, estate planning in Orlando FL is especially important. When you don’t have a will that stipulates your choice of a guardian for your children, the state will determine custody. Additionally, your estate planning attorney in Orlando, FL can help you set up a living trust that will allow you to keep certain assets out of probate. This will help you ensure your heirs receive the assets you intend for them.
Review Your Beneficiaries
It’s a good idea to visit your estate planning law firm in Orlando FL on an annual basis. This gives you the opportunity to review and change heirs in your will. If you have had children or made another significant life change, your estate planning firm in Orlando, FL will also remind you to update the beneficiaries on your insurance policies.
Choose Your Powers of Attorney
Estate planning in Orlando FL also includes setting up protections for yourself. If you become unable to communicate or make rational decisions, you’ll want to choose a healthcare proxy to handle your medical care decisions. An estate planning attorney in Orlando, FL can help you set up a financial power of attorney to ensure someone you trust has temporary control over your finances.
When you’re looking for an experienced estate planning law firm in Orlando FL, visit The Young Law Firm of Florida, LLC.
