Why Professional legal help is necessary for Estate Planning

An estate represents the sum of all that you worked for and acquired in life – your wealth, bank accounts, real estate, and other assets. If you pass away without a well-conceived Will or Trust, these hard-earned assets will be subject to the “intestate” laws of the State of Florida, which will determine how they will be distributed.

Needless to say, you should plan for the inevitable and make sure that everything you worked for in life is distributed in the manner that you choose. But given what’s at stake, you shouldn’t go it alone – you need a qualified estate and Probate Lawyer who knows the ins and outs of the system, and can help you devise the most solid and reliable estate plan to fulfill your vision.

When it comes to planning an estate, you can’t afford any mistakes. Just a single wrong word, misspelling, or missing signature can alter your entire Will or Trust. The documents must be written in a clear and comprehensive manner that leaves little to no room for ambiguity. Otherwise, uncertainties or oversights can lead to misdistributions or legal challenges that will derail the intent of your estate.

Here are some other reasons why you should work with an estate planning attorney:

You Need Someone Who Understands State Law

With or without a Will or Trust, Florida law governs the parameters and administration of the estate of any legal resident. The laws are specific about what counts as a valid Will or Trust, what can or cannot be included in these documents, how these documents are to be properly executed so as to be effective, and so on. Even the most well-read person without a legal background may not know these fine but critical details – for example, that Florida requires your Personal Representative, who is responsible for overseeing the distribution of your estate, to be either a relative or a resident of the state. Because many Floridians have ties to outside the state, they often make the mistake of designating a nonresident as their Personal Representative, thereby complicating the execution of their Will. Mistakes like this are all too easy to make without having knowledge of the fine but critical details of Florida estate law.

You Risk Burdening Your Loved Ones

Trying to save money by not employing a qualified attorney will only risk passing the costs on to your loved ones, who will subsequently need an attorney to fix any mistakes.

If you want to ensure that your heirs and beneficiaries receive what you have in mind, you owe it to them to spare any potential errors and stress trying to fix problems with your estate documents.

Estate Lawyers Understand Personal and Financial Complexities

Every individual is different, not only in their asset portfolio and intent, but in their financial and familiar circumstances as well. An experienced and qualified estate attorney has seen it all: clients who are recently divorce or in a second or third marriage , those who have troubled adult children, and so on. Each of these examples presents potential problems and challenges in how you plan your estate, and an attorney with firsthand knowledge of these issues will provide the honest advice and critical guidance needed to navigate a potentially fraught estate distribution.

These are just some of the reasons why you should plan your estate with the help of a legal specialist. Jurado & Farshchian can and has addressed all the above concerns over the span of several years. We’ve helped hundreds of clients successfully plan their estate and avoid any of the errors, ambiguities, or omissions that can risk invalidating their legacy. Our attorneys are knowledgeable in the areas of estate planning, probate, real estate, and tax law, giving you a comprehensive set of skills and expertise that can address all the relevant factors in bequeathing your estate. We’ll work closely with you to determine which legal instrument is ideal for your goals and how best to execute it.