Estate Planning Lawyers in Orlando Making the Future Brighter for You and Your Family
There are many people who think that estate planning is only for the wealthy. However, this couldn’t be farther from the truth. Estates can include anything from a car to a house to personal items and bank accounts. If you don’t have an estate plan in place, your heirs may not get what you want them to receive. You should also consider how long it will take your children or spouse to settle everything after you die if there isn’t an estate plan in place now.
There are many different types of wills, trusts, and other legal documents that can make sure all of your assets go where they’re supposed to go when you pass away or become incapacitated with no hope of recovery. This is why it’s important to have an estate planning lawyer help you create a plan that is tailored specifically for you and your family in hopes of asset protection. Morey Law Firm, P.A. is an experienced law firm in Orlando, Florida, that can guide you through the process of estate planning. Our attorneys are knowledgeable in all areas of estate planning and can help make the future brighter for you and your loved ones. Get in touch with our law offices by calling (407) 426-7222 and book a consultation with our law firm.
What Goes Into an Effective Estate Plan?
There is no one-size-fits-all answer to this question. Every person’s estate is different and will require a unique plan in order to be properly managed. However, there are some general things that should be included in every estate plan:
A will is a legal document that dictates how your estate should be handled after you die. A will can assign guardianship of your children, specify how your assets should be divided, and appoint an executor to manage your estate. If you don’t have a will in place, the state will make these decisions for you – and they may not be what you would have wanted.
A living will is a document that states your wishes for medical care if you become incapacitated and can’t make decisions for yourself. This includes things like whether or not you want to be kept on life support or have aggressive treatments performed. If you don’t have a living will in place, your loved ones will have to make these decisions for you – and they may not be what you would have wanted.
A trust is a legal document that allows you to control how your assets are distributed after you die. There are several different types of trusts, but all of them allow you to avoid probate and ensure that your assets go to the right people. Trusts can also be used to protect your assets from creditors
Powers of Attorney
A power of attorney is a legal document that appoints someone to make decisions on your behalf if you become incapacitated. This can include decisions about your healthcare, finances, or any other matters that you may want someone else to handle.
Is Navigating the Estate Planning Process Difficult?
The estate planning process can be difficult to navigate, especially if you don’t have any legal experience in business law. That’s why it’s important to have an experienced law firm like Morey Law Firm, P.A. on your side. Our lawyers will guide you through every step of the process and make sure that your estate plan is tailored specifically for you and your family.
Don’t put off creating an estate plan any longer – contact us today at (407) 426-7222 to schedule a consultation with our law firm. We’ll answer all of your questions and help you get started on creating a plan that will make the future brighter for you and your loved ones.
What Does an Estate Planning Attorney Do?
An estate planning attorney is a lawyer who specializes in creating and managing estate plans. They can help you create a will, establish a trust, and make other legal decisions about your estate. They are also knowledgeable in probate matters and can help you navigate the process if your estate goes through probate.
If you die without a will, your estate will have to go through probate. Probate is the legal process of distributing your assets after you die. It can be complicated and time-consuming, and it’s usually best to avoid it if possible. That’s why it’s important to have an estate plan in place. An estate planning attorney can help you create a will and other legal documents that will make the probate process easier and less costly.
Is It Worth Hiring an Estate Planning Lawyer?
The answer to this question depends on your individual situation. If you have a complex estate that includes a lot of assets, it’s usually worth hiring an estate planning lawyer. They can help you create a plan that will make the probate process easier and less costly.
If you don’t have any children or if your children are all adults, you may not need an estate planning lawyer. However, it’s still a good idea to have a will in place so that your assets can be distributed according to your wishes.
Contact us today at (407) 426-7222 to schedule a consultation with our law firm and find out if hiring an estate planning lawyer is the right decision for you. We’ll tackle all of your inquiries and assist you in developing a strategy that will bring you peace of mind in the face of possible hardship.