Failing to prepare a valid, Florida Last Will and Testament is one of the most expensive mistakes an individual may make in their lifetime. To make matters worse, it is a mistake that you family ends up paying for after you are gone.
What is a Last Will and Testament?
Simply put, a Last Will and Testament (“Will”) is a set of instructions for the Court and for your family. You can expect your Last Will and Testament to:
- A Will informs the world of how you would like your assets passed on after your death.
- A Will often addresses other important issues including the care of your minor children, financial considerations, and funeral arrangements.
- Without a valid Florida Will, your assets transfer according to the wishes and whims of the Florida Legislature.
Speak with an experienced estate planning attorney at our firm today.
Call 855-Kramer-Now (855-572-6376).
At TK Law in Altamonte Springs, Florida, we understand the importance of providing clear instructions on how to distribute assets that you have worked hard to accumulate over a lifetime.
TK Law can handle all of your estate planning matters–from drafting wills and trusts to probate administration. We will make sure that you control how your estate is distributed.
Contact an estate planning lawyer at TK Law at 855-Kramer-Now (855-572-6376) to assist you in preparing a will or any other estate documents that you need.
The Importance of Valid Wills in Florida
A Will tells the world how you want your property to be distributed when you pass on. You may use a will to pass on your property to family, friends, distant relatives, charities, or almost anyone you choose. A Will can also give other directions, such as naming a guardian for your children or specifying a personal representative for your estate.
A personal representative is called an executer in many other States. Your personal representative is the person who ensures that your directions are followed. Therefore, it is important that the person you name as personal representative understands that the role involves a serious responsibility, a potentially significant amount of time, and the willingness to take on the job. The same holds true to an even greater degree with respect to the person that you will name as guardian for your children.
. These documents are usually not prepared by a Florida attorney and are often poorly drafted and overly generic. A Will is a relatively inexpensive document so you should make sure to get your will drafted correctly.
In many cases, a Will is adequate to accomplish the client’s estate planning goals without the additional use of other estate planning tools, such as revocable or irrevocable trusts. Even when the estate plan includes one or more trusts, a Will is always indicated,
Because law and circumstances change, you should review and update your will with your attorney every few years, or anytime that a major life event occurs like a birth, death, marriage or divorce. A Will can be replaced by a new Will or may be amended by what is known as a Codicil.
You should also be very cautious about attempting to prepare a Will on your own Wills and Codicils must be drafted and witnessed in a specific ways to be valid. TK Law can help you in keeping an up to date estate plan and can advise you on the relevant laws and rules relating to your estate plan.If you fail to properly execute a Will the error may significantly increase the costs of administrating your estate or result in the invalidity of you Last Will and Testament.
BEWARE: Many companies on the internet, selling software, or selling documents at box stores are offering generic “one size fits all” documents that will fail under Florida law
Contact an Orlando Estate Planning Lawyer Today
Make sure your instructions are clear and your will is current and accurate. Contact an estate attorney at TK Law at 855-Kramer-Now (855-572-6376) serving all of Central Florida including Longwood, Orlando and Altamonte Springs, Florida to discuss your estate planning needs.