As the end of 2011 approaches, Florida residents realize that 2012 is about to hit us smack in the face. As a tradition, Americans tend to use the New Year as the motivation necessary to set goals for themselves to earn more, weigh less and even to be a better person. While I am certain that some of you will work less, eat more and go about your lives in the same manner as you did this year, there is one resolution that cannot go unfulfilled: you MUST institute some form of South Florida Estate Planning this year.
You put it off each year because you know you aren’t going to die – until you do, of course. Unlike joining a gym, which requires monthly payments and showering with strangers (which may be your thing so I don’t aim to judge), your Trust-based estate plan can be formulated during an hour long consultation and signed just a week later. There are no monthly fees and my office doesn’t even have a shower.
If your resolution is to be a better parent or spouse, there is no better way than to protect your loved ones after you are gone. A Revocable Trust can avoid probate, reduce estate taxes and provide asset protection for its beneficiaries. If you love your kids, you’ll get one drafted soon. Click here to schedule a free consultation with one of our South Florida Estate Planning Attorneys.
If your resolution is to quit smoking, I hope you are successful but the fact remains that you probably wont be. That means that your living will and designation of health care surrogate had better be in order.
Each year we make resolutions and each year we have trouble keeping them. I will make this promise to you. If you complete your estate plan in January of 2012, I promise that you will stress less, spend less and be a better parent immediately. Then you can feel free to take the rest of the year off.
For more information on successful Florida estate planning and probate techniques, please contact the South Florida law firm of Wild Felice & Partners, P.A. at 954-944-2855 or via email at info@wfplaw.com to schedule your free consultation.
It’s a Wild world. Are you protected?