Planning Your Meeting With An Estate Planning Lawyer In Duval, FL

Having a will in place is critical for anyone with any type of assets or investments. This is true for any single person in Duval, FL, for those that are married, as well as those with dependents. People often assume that only those with large holdings and investments need help with planning for the future, but this couldn’t be further from the truth.

By working with an estate planning lawyer, common mistakes in drafting the will that usually may result in complications through probate can be avoided. An attorney can also ensure that the will is drafted in a way that limits the likelihood of another party contesting the will, a situation which can become very stressful for everyone involved.

What to Consider Prior to the Meeting

When meeting with an estate planning lawyer, you should bring as much information and documentation about your financial holdings as possible. This will allow the attorney to have a complete picture of the estate to make recommendations for setting up a will, trust or annuity that can be more effective than simply willing money to beneficiaries.

There may be options to consider tax benefits of providing gifts on an annual basis that may help with your individual tax obligations as well as reduce the taxes heirs may be required to pay on the estate.

Understanding which assets go to the various beneficiaries is important. Make a list of any questions you may have to fully understand the benefits and potential drawbacks of any plan.

Other Considerations

An estate planning lawyer can also assist with other aspects of future planning. This can include setting up a durable power of attorney to handle medical and financial decisions should you become incapacitated.

Additionally, individuals in Duval, FL can have their estate attorney assist in drafting a living will, which will outline the medical care levels to be provided at end-of-life. This documentation is extremely helpful for the family, eliminating their need to attempt to make the best decisions by having your own decisions clearly expressed in a legal document.


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