Estate Planning – Broward County, Florida

Seeking the advice of a trained Broward Estate Planning Lawyer could be the difference in the security of your family’s financial future.

Married Couples

Most people choose to have their assets go directly to their spouse, but they don’t set up the proper estate plan to see that this occurs.  These people have the right destination but are travelling in the wrong vehicle.  With the danger of estate taxes and creditors lurking, failing to address your vision of what you wish to leave your family with a trained Broward estate planning lawyer could be the difference between financial security and financial despair for your children and beyond.

Children and Pets

More than what happens to your money, you also need to consider who will care for your loved ones after you and your spouse are both gone.  Your children are your most precious assets and arrangements should be made as to who will care for them and what type of money will be left for them as they grow older.

Most people would not believe that a family pet needs to be subjected to the Florida Probate process, but Florida Law defines animals as personal property and as such are subject to probate just like other personal property. Fortunately our Broward estate planning lawyers can create a Florida Revocable Trust that will deal with your animals and protect them from probate. If you want to provide for more than just a transfer of the ownership of the animals, you could also add pet trust provisions to allow for the care of the animal in the event they survive you.

Unmarried Domestic Partnerships

Unmarried domestic partners in Broward County have unique concerns regarding their estate planning. For example, they do not have the unlimited marital deduction for estate taxes because they are not married.  The laws typically take into account traditional relationships (blood and marriage) when allocating assets and custody in the absence of a will, which still often do not reflect the desires of the deceased.

Unmarried domestic partners, whether straight or gay, including elderly couples who remain unmarried for social security or medical benefits, are not even considered by the law when disposing of an estate or appointing a guardian for a person who dies without first preparing a will.  If you are unmarried and in a domestic relationship, you need to seek the advice of an experienced Broward estate planning lawyer to assist you in establishing a comprehensive estate plan that takes care of the people you care about long after you are gone.

For more information on protecting the future of your loved ones, contact our Broward Estate Planning Lawyers at info@wfplaw.com or at 954-944-2855.

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