At The Law Offices of Kimberly K. Muenter, P.A., in Tampa and Sarasota/Bradenton, we offer comprehensive estate planning services. Enlisting the counsel of an estate planning attorney allows you to prepare for the later stages of life by creating a plan for distributing your assets to your loved ones and protecting those assets so they may be passed onto future generations.
What Is Estate Planning?
Your estate encompasses not only your home, but also your bank accounts, investments, life insurance, car, possessions, and furniture. Just about everyone has an estate, and it’s crucial to make sure that you have control over how yours is handled in the case of death or disability.
Estate planning enables you to leave instructions for how your assets and values will be passed on to your beneficiaries. It also protects you in the case of disability by setting up mechanisms to handle your assets in personal affairs in the event of unplanned incapacity. The goal of estate planning is to prepare your affairs for death or incapacity, while minimizing taxes and legal fees.
Why Do I Need an Estate Planning Attorney?
An estate planning attorney will review your assets, financial situation, and family circumstances to achieve the following goals:
- Draft a revocable or irrevocable living trust
- Create a comprehensive financial durable power of attorney
- Create a health care directive, including a living will
- Ensure that your assets are handled in the best possible vehicle to reduce legal fees at the time of your death or incapacity
- Protect your savings via an irrevocable trust or other planning in the event of long-term care expenses
- Obtain advice regarding an existing life insurance or long-term care insurance
- Obtain advice regarding the need to obtain life insurance or long-term care insurance to aid your family in the case of your death
Contrary to what some people may think, estate planning doesn’t simply encompass your last will and testament. It involves a range of documents which not only arrange for a plan of distribution of your assets at your death but also a plan for management of your assets at the time of a potential disability.
In the event of death or mental disability, how will your estate, other assets, and general affairs be taken care of? Have you adequately protected your loved ones whom survive? Estate planning is for adults at any age, and the sooner you develop a plan, the better.
At Kimberly K. Muenter Law in Florida, we understand the trust and discretion required of an estate planning attorney. We’ll handle your unique situation with the utmost care, using our unparalleled legal expertise to protect your assets.