Creating a Will
Miami Estate Planning Attorney: (305) 600-5677
A will is a legal document that you create in order to tell people who
is to receive what of your estate after you pass away. It is a very important
part of the probate process. If you do not have a will, or if your will
is declared invalid, the state of Florida will decide who gets your assets
based on their probate laws. These people may not be those you had in
mind to receive your assets, which is why a will is so important. It also
allows you to name a
guardian for your minor children or
incapacitated loved ones. If you wish to create or update a will, please contact a
Miami probate attorney at the firm today!
Benefits of a Will
The will is at the core of every basic estate plan. While the will allows
you to name a personal representative to administrate your estate (someone
who you trust), and while it allows you to decide who gets what and when,
it serves many more purposes than that.
Some of the immeasurable benefits of having a well-drafted will include:
- It allows you to name a guardian for minor children.
- You can appoint someone that you trust to act as the personal representative.
- You can appoint someone to make health care or financial decisions on your
behalf if you become too injured or incapacitated to make these decisions
- You can determine who receives your assets and property when you die.
- You can select beneficiaries such as grandchildren or favorite charities
who otherwise wouldn't benefit from your generosity under Florida's
intestate succession laws.
It's important to keep your will updated, especially when there are
major life-changing events such as a marriage or divorce, a birth or a
death in the family. Without a valid will in place, upon your death your
estate's assets are distributed under Florida's intestate succession
laws. In this case your assets may be distributed in a manner that you
wouldn't have wanted. By keeping your will current, you can be sure
that it will reflect your family's dynamics as well as any changes
in relationships as time goes by.
A will is also seen as a backup for a living
trust. There are certain items that cannot be included in a will, such as trusts,
stocks, or joint-owned properties. In order to create a valid will, you
must have capacity and be of sound mind. This means that you know which
assets and properties you own, and understand what it means to leave beneficiaries
items of your estate.
Create a Will with My Coral Gables Firm
If wills are written incorrectly, it may not be viewed as valid in the
probate court. I can help clients determine what can and cannot be stated in a
will, and help those who already have a will keep it up-to-date. With
an AV® Martindale-Hubbell® Rating, I strive to give my clients
excellent legal advice and assistance. Wills are a primary part of the
estate planning and probate process, and I want all of my clients and
their families to be informed and prepared about probate before it occurs.