Are you thinking about creating an estate plan for your family in Valrico, Florida?
You need a Valrico Estate Planning Lawyer. Working with an experienced estate planning attorney is an important step in making sure that your final property distribution and healthcare wishes are preserved and carried out. Whether you need a basic will to provide for loved ones, updating an existing will, create a trust agreement, or complete a comprehensive estate plan — including living trusts, tax-free gifts, testamentary trusts, healthcare directives, durable power of attorney or more — having a knowledgeable estate planning attorney on your side can be a benefit.
How a Valrico area Estate Planning Attorney Can Help
A knowledgeable estate planning attorney where you live in Valrico, Florida will discuss with you the state of your current finances, your real estate and personal property, your estate planning goals, the needs of your family in your absence, and your final healthcare wishes. At the Law Offices of Laurie Ohall, we work closely with you toward an estate planning solution that is right for you and your loved ones. Finally, an estate planning attorney will prepare and execute all necessary documents such as wills, living trusts, testamentary trusts, and powers of attorney.
What is probate?
Probate is a court-supervised process of distributing and overseeing property after a person dies. In Florida, probate will pay outstanding debts, and to allocate property according to the decedent’s wishes. The following occurs during probate:
- Appointment of the Executor
- Authentication of the will
- Identification and inventory of the decedent’s property
- Identification of heirs and beneficiaries
- Payment of debts and taxes
- Distribution of property according to a will or according to state law
Many individuals create an estate plan to avoid probate of their assets.