Estate Planning: Summertime Fun – Prepare and Protect

Nothing says summertime like beaches, BBQ’s , family road trips and anything but school and work. Sometimes the best made plans are those that happen on a whim. Others require some pre-planning to make sure it goes off without a hitch.

Summertime in Florida is hurricane season. All summertime plans can be washed away if a hurricane hits. What do Floridians do when they are told there is a hurricane forming? Go crazy of course.  You prepare for the possibility of days without electricity and the ability to get gas. You stock up on canned goods, batteries, water bottles, and fill your tank of gas for your car and generators.

No one watches the news and says, “the hurricane won’t hit us so we don’t need to stock up.” Hurricanes can unexpectedly change directions and you could go from being safe to being in the center of the eye.  Without proper planning, you will be at the mercy of others to help you. Don’t you wish you prepared?

“Just like a hurricane, you cannot predict or control when or where you are going to die. You should plan ahead and take charge of your estate.”

In Florida, if you die without a will or trust your intentions of how you would like your assets to be distributed and who will become the guardian of your children is irrelevant. Your assets will be statutorily distributed “per stirpes” and groups of loved ones may be excluded. Proper estate planning is necessary to protect who will receive your assets and who will care for your children.

Protect yourself and your family with proper estate planning before it is too late. Safeguard your assets and determine who will take your children to the beach, who will teach them how to ride their bike, or guide them through life if you are no longer able to.  With proper estate planning including, Wills, Trust, Power of Attorney, Health Care Surrogate, Funding Techniques, you can feel secure when your time has come.

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For more information on how to prepare your estate as you wish, contact The Hershey Law Firm, P.A.  at (954) 303-9468 to schedule your free consultation.

DIY Estate Planning in South Florida, Think Again Buddy!

Would you trust your friend to perform open-heart surgery, if he was not a surgeon, in order to save money? Hopefully your answer to that is no.  If not, read that question again and think harder.

Lately in society, everyone seems to be addicted to DIY projects. Everyone thinks they can purchase a rundown house and then fix the house (plumbing, electrical, painting, etc.) then flip the house for profit. What makes someone think they can do electrical and plumbing without being properly trained? 

What about something simpler. Pinterest, one of the hottest website people turn to for ideas in all areas of their life. Everything looks great on the website and seems relatively simple. However, when the average person attempts the project, more likely than not, they achieve a level of failure. Disappointment ensues, yet, they will probably attempt something else. Trial and error works for simple activities in life, but trial and error is not the route anyone should go when planning their estate.

Death rate is 100%. If you are given a 100% probability of dying, why not prepare for it accordingly? There are plenty of DIY workbooks with fill-in the blank forms available at the bookstore or online. They even give you instructions. Planning your estate in South Florida is not as simple a task as preparing your tax returns on TurboTax.

There is no cookie cutter form that will effectively plan your estate.  No two estates are the same. You need the expertise of a Florida estate planning attorney. Your estate planning attorney will represent your interests and desires when preparing your estate plan.

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For more information on successful South Florida estate planning, please contact The Hershey Law Firm, P.A  at (954) 303-9468 in Fort Lauderdale to schedule your free consultation.