We’ve all heard the honeymoon horror stories, but the Newlywed Cliff-Hanger has them all beat. Newly married, Jordan Linn Graham, told police that while hiking in Glacier National Park, she got into a heated argument with her hubby of one week, Cody L. Johnson. She claimed that instead of just walking away, her anger caused her to push Johnson in the back with both hands, causing him to fall face first off a cliff.
Stories such as this beg the question: If you were to be pushed of a cliff today, would your estate be in order? The daily news is a constant reminder of how crucial it is to always be prepared for tomorrow’s unknown. The following five documents will ensure that you maintain control over your assets and protect your loved ones, in the event that you are incapacitated or have fallen over life’s cliff.
- Living Trust – gain control, asset protection, & preclusion of unnecessary taxes; ensuring asset protection for your beneficiaries.
- Assignment of Property – place all of your property into the trust, and avoid costs & headache associated with probate.
- Last Will & Testament – used to distribute property to beneficiaries (or a trust), specify last wishes, and name guardians for minor children.
- Durable Power of Attorney – gain control by designating someone to legally act on your behalf, in the event that you become incapacitated.
- Combination Living Will & Designation of Healthcare Surrogate – gain control by making important healthcare decisions for yourself in advance.
Don’t get caught in a cliffhanger – plan ahead, & be prepared! For more information on successful Florida estate planning and asset protection techniques, please contact the South Florida law firm of Wild Felice & Partners, P.A. at 954-944-2855 to schedule your free consultation.
It’s a Wild world. Are you protected?SM
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