Estate Planning

Your Estate Plan

Implementing your plan is as important as having the Estate Plan itself.  Without proper implementation, your estate may be without knowledge and therefore powerless.

We encourage that those with an Estate Plan keep all their documents in a safe place with clear instructions for anyone accessing those documents.  For example, the individual making the Estate Plan may consider keeping their documents in a safe deposit box or fireproof safe.  Some documents, such as a Living Will may be provided to a primary care physician.  In other situations, documents may need to be filed with the court.  Proper storage and filing of documents is crucial.

As there are number of documents, we will walk you through the necessary steps and provide suggestions on how to best keep your documents safe and protected.

Starting Your Estate Plan

Proper Estate Planning allows you to make choices without choices being made for you.  Without an Estate Plan, choices regarding your property and person will be made by the State of Florida or may involve the courts.  As everyone is unique, so too is everyone's Estate Plan.  An Estate Plan is too important to be left up to legislators in Tallahassee or do-it-yourself forms.  Your Estate Plan, like your legacy, requires the personal and experienced touch that the attorneys at Dom Law can provide.

Estate Plan beings with answering a few basic questions via Dom Law's Intake Form.  Completing the Intake Form allows us to begin designing an Estate Plan that meets your goals all while providing us a better understanding of the individual.  It is important to remember that any and all information you provide is - and will remain - strictly confidential.  Questions may include:

  1. Spouse's Name
  2. Names of Family Members
  3. Assets and where are they located
  4. Who do you want to make healthcare decisions
  5. Bank Account and Retirement Account Information.

Implementing Your Estate Plan

We invest a considerable amount of time throughout our lives planning, whether it be picking classes, choosing the most efficient route for a road-trip, or setting out clothes for the next work-day.  On a daily basis, we plan.  Part of the importance of planning is the freedom to make decisions for ourselves.  With all the preparations we make throughout our lives one area is often ignored or overlooked, our Estate Plan.

Simply put, an Estate Plan are the choices made to manage assets in the event of incapacitation or death.  An Estate Plan, like any good plan, includes multiple steps and near limitless strategies.  As everyone is different, so is every Estate Plan.  Generally, Estate Planning may include:

  1. Will and Testament: A Will is a document that communicates a person's final wishes regarding possessions and dependents.
  2. Advanced Directives: Advanced Directives are documents that describe a person's wishes in the event of incapacity. These choices include the following: (1) who can make medical decisions; (2) who can make financial decisions; (3) do you want to be put on life support; and (4) in the event of minor children, who will serve as guardian.
  3. Trust: A Trust is a legal entity that can be used to hold property for the benefit of others. Trusts allow flexibility and freedom in deciding how distributions are made and to who.  For example, a trust may be created to hold funds until a beneficiary reaches thirty (30) years of age.

Contact the experienced Estate Planning attorneys at Dom Law, P.A., today to schedule your free consultation.

About Alberto Rodriguez, LL.M, Esquire

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Alberto Rodriguez, Esq., LL.M., has experience in all phases of Estate Planning, from drafting simple wills to complex trusts and tax structures.  Alberto's experience in Estate Planning includes a specialized background in taxation which he obtained from the University of Miami's Masters of Laws program and throughout years of practice.