When was the last time you sat down with someone to review your Floria trust, Florida will, Florida power of attorney, health care directive, and other documents intended to make sure that your assets will be managed and distributed according to your wishes? If it has been longer than a year, you are probably overdue for an estate planning check-up.
Changes in your assets
Acquiring different of assets or changes in the value of the assets may require Estate Planning that was not anticipated.
Changes in the law
Florida Estate plans become outdated or are not as effective over time. This year there were substantial changes to the Florida Trust laws that are retroactive on older trusts. Recent tax changes can have a dramatic impact on how estates are planned. There have been changes in health care privacy laws which can make it difficult for family members to care for loved ones without the proper documents.
Changes in family circumstances or relationships
Events such as births, deaths, marriages and divorces can have significant impacts on an Florida estate planning. Your feelings about people who you appointed to handle your estate or make health care decisions can change.
Changes in your goals or desires
A change in your goals or desires throughout their lives can also effect Florida Estate Planning.
To update your Florida Estate Planning contact a licensed Florida Estate Planning Lawyer and discuss your current documents and desires.