Boca Raton Estate Planning Attorneys Here to Protect Your Assets, Autonomy & Loved Ones
Estate planning is important for all individuals and families to avoid the stress of major decision-making at the end of life, and to ease the transfer of assets and property to intended beneficiaries. Our firm’s Boca Raton estate planning attorneys are accomplished in drafting basic wills and other essential advance planning documents, as well as structuring sophisticated estate plans for those with significant assets. Whatever your situation, we can create an estate plan ideally suited to your needs.
Smart estate planning is necessary to preserve and pass the assets you value to the people you love.
An estate plan encompasses the accumulation, conservation, and distribution of an individual’s property and assets. Some of the instruments we utilize to create thorough and effective estate plans include:
A will – Your will outlines who will manage the probate process for you, how your assets will be distributed, and, if applicable, whom you want to be nominated guardian of your minor children or other dependents after you die. If you die without a will, the state makes these decisions, often at an added cost to your loved ones.
Trusts – Trusts are generally used in conjunction with a will to further protect assets and facilitate their transfer. The primary purpose of a revocable trust is to avoid probate, while irrevocable trusts, such as irrevocable life insurance trusts and charitable trusts, are used to shield assets from taxes and creditors, and to help you qualify for government benefits.
Power of attorney – A power of attorney gives an individual you name the power to handle your financial affairs in the event you become disabled or incapacitated. Without a power of attorney, no one may be able to access your bank account, securities, or other property without lengthy legal proceedings.
Health Care Surrogate – This document names a trusted individual to make medical decisions on your behalf in case you are physically or mentally incapable of doing so on your own.
Living Will – A living will informs medical personnel whether you want certain life-sustaining procedures if you are in a terminal condition and unable to decide for yourself.
A good estate plan will enhance and maintain the financial and emotional security of individuals and their families.
Through the strategic use of wills, revocable and irrevocable trusts, powers of attorney, health care surrogates, living wills, and more, we can design an individualized estate plan that best meets your goals and unique circumstances. With your assets organized, protected, and ready to pass to future generations, you can be confident your loved ones will enjoy the benefit of your life’s work, and your final days will pass with dignity.
Talk to an experienced estate planning lawyer today. There’s no time like the present to prepare for the future.
At Schwartz | White, our goal with estate planning is to get our clients the desired results they deserve and ensure the protection of assets, property, health care choices, and family values. To learn more about creating a customized estate plan to achieve your objectives, please contact our office in Boca Raton today. Our Florida estate planning attorneys assist individuals and families throughout Palm Beach County.