Winter Haven, FL Estate Planning Lawyer

Estate planning helps to provide for the future of your family, ensuring that your family is taken care of if something happens to you and making sure that your property and your assets go to the people you want them to go to when you are gone.

Estate planning is one of those things people often don’t like to think about, and put off until it is too late. However, there may be unanticipated consequences for your loved ones if you fail to prepare an estate plan. For this reason, now is the perfect moment to give our experienced Winter Haven estate planning lawyer a call and discuss drafting an estate plan during a free consultation if this has slipped down your list of priorities!

What Does A Complete Estate Plan Entail?

Your estate plan encompasses several separate parts that, when put together, work to protect your assets and meet the needs of your family and friends after your death.

• A will – An estate plan centers on a well-written will. This document lets you choose who inherits your money and property and raises your minor children.
• A trust – Most estate plans also have a trust, which is a legal tool that can facilitate the management and safeguarding of your assets, prevent probate, and provide for the easy transfer of wealth to loved ones.
• A health care directive – An estate plan should also include a health care directive or living will, which specifies your medical treatment preferences if you become incapacitated. With this legal document, you authorize a trusted person to make health care decisions for you when you cannot.
• Financial power of attorney – A financial power of attorney authorizes a trusted person to manage your finances if you become incapacitated. They can manage investments, pay bills, and make financial decisions for you.
• Guardianship – You need to designate a guardian for your minor children in the event that both you and your spouse pass away. By including this in your estate plan, you can rest assured that someone you trust and who shares your values will raise your children if anything happens to you.

Can I Create An Estate Plan On My Own?

Doing estate planning yourself and creating DIY documents is tempting, but you must consider the consequences. Always seek assistance when you are attempting a complex task. You wouldn’t do DIY car repairs or surgery. A licensed professional should perform such tasks! It’s the same with estate planning. Like having your car repaired by a mechanic, working with our experienced Winter Haven estate planning lawyer will help you and your loved ones avoid potentially disastrous legal and financial consequences if something unexpected happens.

How Our Winter Haven Estate Planning Lawyer Can Help

At Osenton Law, P.A., our lead Winter Haven estate planning lawyer O. Reginald “Reggie” Osenton provides personalized guidance that takes into account your individual circumstances and a thorough understanding of Florida estate planning laws. This maximizes the likelihood of your estate plan being legally valid and successful. Without legal support, your plan may not fulfill its intended purpose, or, even worse, fail to withstand legal and tax scrutiny. We can offer valuable recommendations and alternatives to achieve your objectives and prevent you from making potentially costly mistakes.

Our team can assist you in creating a comprehensive plan, a power of attorney, a revocable living trust, or other necessary documents to protect your loved ones and ease your concerns. It is important to not assume that your family will be financially secure after your passing. Let us help you design a plan to secure your loved ones future and give you peace of mind. To explore your options and learn more about how Osenton Law, P.A. can help, contact us today for a free consultation.