What are the types of documents I need to know about?
There are six main documents to know about: Last Will and Testament, Trusts, Healthcare Surrogate Designation, Living Will, HIPAA Release, and a Power of Attorney.
What is a Last Will and Testament?
Your Last Will and Testament is a document that states your final wishes. This looks at your assets and business, and states how your belongings are divided and who the beneficiaries are. This is how you put your wishes into effect. It also looks at liabilities and taxes.
Your will tackles the monetary side of your life, but not just that, it also settles your sentimental assets. You may have pieces like an heirloom that you want to go to somebody specific. You can state these things in your will, along with things like other tangible property.
By planning ahead, you’ve created a simplified way to distribute your belongings. This takes the stress out of your family needing to make those decisions after your gone.
We highly recommend you consult with an attorney, as there are nuances and details you might not be aware of. We’ll help you understand how Florida’s laws might impact your choices.
If you’re a beneficiary or the personal representative of the estate, please contact Robinson & Casey today for a free consultation- we are here to help you through these difficult times.
