You've worked hard.
You've earned it.
DON'T LET IT GET PASSED TO THE WRONG PEOPLE, OR STOLEN FROM THOSE YOU INTENDED TO LEAVE IT TO THROUGH SOME LEGAL TECHNICALITY. A PROPER ESTATE PLAN WILL ALLOW YOU TO REST IN PEACE KNOWING THAT YOUR ASSETS ARE HANDLED THE WAY INTEND FOR THEM TO BE HANDLED. YOU'VE WORKED COUNTLESS HOURS OF OVERTIME, AND POURED SWEAT OVER YOUR LIFE TO PROVIDE FOR YOUR FAMILY.
Air Force Veteran and North Georgia Native, Angela executed her first Will at the age of nineteen before being deployed to the Middle East. Now, her law office handles estate planning, wills, gun trusts and probate in Valrico, FL.
According to the AARP, only 60% of people over the age of 50 even have basic wills. Only 45% of people have durable powers of attorney, 30% have health care directives, and only 23% of these people have living trusts.
In other words, too many people will need it once it's too late.
Estate planning services, Valrico FL
Trusts are an important part of the Estate Planning process, also known as a revocable living trust.
Transfer of firearms provisions are often overlooked and not made part of the estate planning process. We give it attention and intention.
A will is a legal document containing your wishes for the care of your children, and the distribution of your assets after your death.
Powers of Attorney
This allows someone to step in when you want or need them to, and make financial decisions on your behalf.
How it works in Florida.
The probate court in the area where the deceased resided receives the will, if there was one, from the deceased. The court often appoints the executor (also known as the representative) if the decedent specified one in their will to be in charge of managing estate administration. If not, a near relative is mentioned. After taking care of any outstanding debts and bills left by the decedent, the executor distributes the remaining assets in line with the terms of the decedent's will. The estate will be divided in accordance with Florida Statutes if there is no will. The court oversees the procedure to maintain its integrity whether a will existed or not.
is so annoying.
Everyone and their brother's uncle's mother's cousin gets involved when a case goes to probate.
The probate judge.
The clerk of the probate judge’s court.
The executor’s attorney.
The Internal Revenue Service (IRS).
The Florida Department of Revenue.
Anyone who has a financial claim, whether business or personal.
The spouse of the decedent (if applicable).
Any children, regardless of age.
Anyone who was named beneficiary (a blood or other type of familial relationship is not required).
At a minimum a comprehensive estate plan will answer the following questions:
How do I want my assets distributed when I’m gone?
How do I minimize expenses and taxes, including probate, income, and estate taxes, when I’m gone?
How can I make sure that the transfer of my estate goes smooth and efficiently?
When I die, do I have sufficient assets or insurance to ensure that expenses get paid?
Who do I want to settle my affairs and distribute my assets after I’m gone?
If I become disabled who do I want to manage my assets and financial decisions?
Who do I want to make health care decisions for me if I am mentally incapacitated?
What do I want the doctors to do in the case they need to resuscitate me?
If I become disabled how do I pay for a nurse or long-term care? How do I make sure that a nursing home doesn’t consume all of my estate?