If you are in need of assistance with creating or modifying an estate plan, our dedicated Florida estate planning lawyer can help you. Whether you need assistance with a will, trust, power of attorney, advanced medical directive, or another matter related to your estate plan, our team is here to help you. Your estate plan is an incredibly important part of securing your future and the future of your family and loved ones, and having legal assistance when drafting your estate plan is crucial to ensure that it is comprehensive, legal, and enforceable.
Our founder, Damien McKinney is a 5th generation Florida native, and he is dedicated to serving members of the Florida community in need of legal assistance. He has over two decades of legal experience, and you can be confident that your case is in good hands with our firm. Attorney Stephanie Koether is known for her tenacious representation, blending empathy, legal acumen, and aggressive advocacy to help her clients achieve their goals and meet their needs. To discover how we can help you with your estate plan, contact The McKinney Law Group today.
Key Components Of A Comprehensive Estate Plan
When you are creating an estate plan, it is important to ensure that it is comprehensive and covers all of your bases. Our Florida estate planning attorney can help you craft an estate plan that fits your needs and includes all of the components that you need to protect your interests and your future. Some common components of an estate plan are a will or trust, a power of attorney, a healthcare directive, a guardianship designation, and more. By discussing your situation with our team, you can ensure that your estate plan represents your wishes.
The Difference Between A Will And A Trust
Understanding the difference between a will and a trust and which one is right for your situation is an incredibly important component of an estate plan. A will is a legal document that states how you wish for your asset to be distributed upon your death. A trust is a legal arrangement through which one person, the trustee, maintains assets on behalf of the trust’s beneficiaries. By naming yourself as the trustee of your trust, you can place assets into a trust and maintain control of them during your lifetime while still allowing them to be distributed according to your wishes after your death.
A trust may be a favorable option for your estate plan due to the tax benefits that they can provide to both you and your beneficiaries. Additionally, trusts do not have to go through probate, again simplifying the process for your beneficiaries. Our Florida estate planning attorney can help you understand if a trust is right for you and how to establish one, if so.
Contact Our Florida Estate Planning Lawyer Today
Having a clear and effective estate plan is an important part of planning for the future and safeguarding the future of your family and loved ones. Ensuring that your estate plan is legally sound is important. To discuss your plan with our experienced attorney, schedule a consultation with The McKinney Law Group today.