Estate planning can be a complicated and confusing process for many individuals and families in Florida. It can be difficult to know whether you need to consider estate planning — everyone does, in fact — and what issues you will need to include in your estate plan. Our Florida estate planning attorneys know how important estate planning is for people of all ages and backgrounds since estate planning can provide individuals and families with important protections.
To ensure that residents of Boca Raton and throughout the state of Florida have the information they need in order to start thinking about estate planning, our Florida estate planning Attorney Nicole M. Loughlin is offering a complimentary online estate planning workshop that is designed to help families create an estate planning strategy for their unique goals and needs.
Issues to Be Discussed in the Complimentary Online Workshop
What issues will be discussed in the complimentary online workshop? By registering, you will be able to learn more about the following topics and issues:
- Planning for Everyone: Learn how estate planning is for everyone regardless of age and socioeconomic background. Many people assume that estate planning is only for wealthy people, or that it is only for older adults who need assistance with issues like Medicaid planning, or drafting a will after learning about a serious health condition. No matter what your income level might be or what age you are, estate planning is certainly for you. During the workshop, you will learn more about the ways in which estate planning allows people from all backgrounds to take control of their financial and health affairs, and to gain peace of mind no matter what happens in the future.
- Avoiding Taxes and Fees: Learn how estate planning can allow you to prevent your heirs from being exposed to taxes and the expenses of a lengthy probate process. Laws concerning probate, as well as gift and estate taxes, can be difficult to understand if you have never had to consider such issues before. Our Florida estate planning lawyers know how complex issues of taxation and probate can be, but we also know that there are ways for both wealthy and middle-income families to avoid unnecessary taxes and costs, and sometimes even to avoid probate for many assets. Often, by establishing a trust, you can leave assets to a loved one without needing to go through probate. Trusts can also reduce or eliminate certain costs in addition to providing other benefits. There are other options for avoiding or limiting costs and fees as well, or for avoiding probate, that we will discuss. During the workshop, our lawyers will explain how probate, estate taxes, and certain costs and fees work, and how you may be able to take steps now to reduce or eliminate those expenses for your family members and beneficiaries.
- Legal Safeguards: Find out more about how estate planning provides legal safeguards against certain legal processes like guardianship cases or probate in which you can lose control of your ability to make decisions about your own finances, health care, or how your assets will be distributed to your heirs and loved ones. There are many kinds of legal safeguards that you can put in place relatively easily with assistance from an estate planning lawyer in Florida, such as creating certain powers of attorney, considering advance directives, establishing trusts, or naming parties as joint owners or beneficiaries on certain accounts.
- Legacy Planning: Find out more about how estate planning gives you a way to protect your children, whether they are minors or adults. Through estate planning, you can name a person to serve as a guardian for your minor children in the event of an unexpected event or accident, and you can make plans to ensure that your children are financially taken care of in the event of your death. You can also rely on estate planning processes to ensure that your children inherit assets responsibly.
Why Our Firm Created the Complimentary Estate Planning Workshop
At Loughlin Law, P.A., we know how important estate planning is for all adults, and we want to make sure you understand why it is critical, as well. We believe this online workshop can provide you with more information about the risks of failing to create an estate plan, and how our firm can turn this intimidating process into a series of steps through which you can protect your loved ones and safeguard your own wishes.
We want you to have the information you need to make important decisions about moving forward with estate planning for your own benefit and for the benefit of your loved ones.
You can register for the complimentary estate planning workshop with Loughlin Law, P.A. today. If you have questions, do not hesitate to reach out to one of our experienced Florida estate planning attorneys.