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Feb 14, 2020 10:00 AM ET

What documents are part of a common estate planning legal package in St. Petersburg Florida?




iCrowd Newswire - Feb 14, 2020

Estate planning is considered a prudent action addressing a person’s end of life requests regarding health care issues if they are no longer able to speak for themselves, funeral and burial services, and distribution of net worth at the time of their death.  This consists of outlining assets and liabilities so those taking care of the financial affairs have an idea how to settle them.  In Florida, an estate planning attorney can help with the completion of three very important documents that are necessary such as a: 1) last will and testament with or without guardianship depending on a scenario where there are minor children, 2) an advanced healthcare directive and a 3) durable power of attorney.

  1. A Last Will and Testament is important for the purposes of explaining where and how an individual would like their assets divided, debts resolved and end of life issues outlined. An experienced probate attorney can make sure a will contains the legally necessary language so that a person’s wishes can be honored at the time of their death. A Florida will must be prepared properly, signed, witnessed and notarized. Florida recognizes different types of wills including:

Key provisions of a will usually include:

  1. An Advance Healthcare Directive is the document that details the type of care you want administered in the event you become disabled and cannot speak for yourself. In Florida this essential documentation is sometimes called a medical directive or advance directive, and covers you or family members regarding medical power of attorney and do not resuscitate orders and these documents fulfill legal functions so you need both.
  2. A Durable Power of Attorney designates another person to conduct business on your behalf when you cannot. In the event of disability all other powers of attorney become ineffective except for this one document, the durability of this document allows it to survive disability and is fundamental to estate planning.

Seek legal counsel.

Estate planning is important to secure your assets, and keep loved ones from further undue hardship after a death.  The documents reveal end of life wishes, and direction on asset disbursements. Baby Boomers’ Barrister Law Firm in St. Petersburg Florida can be of assistance in the preparation of estate planning documents while they explain their importance.

 

Baby Boomers’ Barrister Estate Planning & Elder Law

100 2nd Avenue S.
Suite 206N
St. Petersburg, FL 33701

Phone: (727) 565-4250



Contact Information:

Baby Boomers’ Barrister Estate Planning & Elder Law
100 2nd Avenue S.
Suite 206N
St. Petersburg, FL 33701
Phone: (727) 565-4250







Keywords:    Saint Petersburg Estate Planning Lawyers

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