How You Can Prepare for Your Estate Planning Meeting
While meeting with an estate planning attorney may not be on your bucket list of items to accomplish during your lifetime or among your New Year's resolutions, it is not something that you should put off until you are on your death bed. Many individuals are intimidated by the prospect of planning their estate, however, in most cases it is much easier if you come prepared. A typical Florida estate plan consists of the following important documents: Last Will and Testament; Revocable Trust (for many individuals); Power of Attorney; Health Care Surrogate; Living Will; and Pre-Need Guardian Declaration. The Revocable Trust (if one is created), Power of Attorney, Health Care Surrogate, Living Will, and Pre-Need Guardian Declaration are all designed to operate during your lifetime and provide guidance in how your personal and financial affairs are handled during your lifetime. In contrast, the Revocable Trust and Last Will and Testament control how your property is distributed after yo...