Orlando Estate Planning

Any individual over the age of eighteen should make the time to meet with an Elder Law Attorney. When children become adults and go off to college, the last thing on their minds is who will act as my Durable Power of Attorney if necessary. If an individual over the age of eighteen is in a car accident, or falls ill at college, a loved one might not be able to request medical information over the phone when you are alive, even if incapacitated and after your death or even to pay their bills. But if an individual has Estate Planning documents in place, there will not be a problem. Estate Planning documents can direct an agent on how you would like your financial or medical situations taken care of, and these documents can also name a guardian for any minor children in the event that the parents pass away. Included in estate planning is a Revocable Living Trust. A trust is an entity designed to hold and manage your assets. It gives privacy and dignity to your personal affairs, both during your lifetime and after your death. If can provide for a way to have someone else manage your assets if you are unable to and it also can avoid probate upon your death.