TAMPA ESTATE PLANNING ATTORNEYS
What is estate planning?
Estate planning simply refers to the management of your financial affairs and your health care directives. Estate planning is exceedingly important as it involves issues that are relevant or potentially relevant to every individual and every family.
Do I need an estate plan?
If you own assets of any kind, you have an estate and therefore you need an estate plan. An estate can consist of a wide variety of assets including:
- A Homestead or other real property
- Tangible personal property such as jewelry, clothing, and furniture
- Vehicles or boats
- Financial assets such as checking, savings and investment accounts
- Life insurance policies
Whether your estate is large or small, it is important to have an estate plan in place. Estate plans involve planning for life, death, and incapacity and can serve several different purposes including providing for your loved ones in the event of your death or incapacity, asset protection and wealth management, avoiding or minimizing probate, making your wishes known in the event of your death or incapacity, and appointing a person to manage your financial affairs and to carry out your medical directives.
It is often uncomfortable to think about or to talk about the possibility of death or incapacity. As a result, people often neglect to plan for their death or possible incapacity. However, making financial and health care decisions and making these decisions known will ensure that your affairs are handled according to your wishes.
Estate planning issues are often of a private and sensitive nature. You are often required to share personal details with your attorney that you would not typically share with anyone. It is important that you select an attorney whom you trust. At the Tampa Law Group, P.A., our estate planning attorneys will help you evaluate your needs and goals so that we can put together the right estate plan for you.
Contact us today to schedule your FREE and CONFIDENTIAL consultation with one of our Tampa Estate Planning Attorneys! Our offices are located in Tampa and are convenient to New Tampa, Wesley Chapel, and the Greater Tampa Bay area.