The Many Reasons Why An Estate Planning Attorney Is Necessary!

Fort Lauderdale estate administration is recommended for anyone who has acquired assets. A last will and testament from a Fort Lauderdale estate planning attorney will ensure that your final wishes are carried out. The law office of Elliot P. Borkson, PA, specializes in estate planning and administration.

Fort Lauderdale Estate Planning for the Future

We all have a rendezvous with Death, but few of us like to think about it. That may be why almost half of American adults do not have a last will and testament. Estate planning is one of the most awkward and uncomfortable areas of law, and that’s really saying something! Because it is distressing and disagreeable, most folks put it off until the very last minute. And some don’t get to it at all! This is always a mistake.

When a person passes away without a will (intestate), the distribution of assets must be settled in probate court. As a general rule, spouses and blood relatives will receive the lion’s share of the estate, while friends and loved ones are not entitled to anything under state law. To ensure that your assets are allocated according to your wishes, you must contact a Fort Lauderdale estate planning lawyer.

What do they do?

First and most importantly, they draw up legally-binding wills that cannot be disputed or contested in court. Most people do not realize how important this simple document is to those you leave behind. Even tight-knit families have been known to do some pretty crazy things over money. Fighting over inheritance is a story as old as the pyramids, and it is often the result of poor or insufficient estate planning.

Even a person is dissatisfied with what he receives in a will, there’s nothing he can do if the document is legally valid. But if there is no document, he can and often will file a claim in probate court. To save your family from conflict and calamity down the road, contact a Fort Lauderdale estate planning attorney today.

Who needs them?

You might be young and as fit as a fiddle, but according to the experts, anyone who has substantial assets should have a last will and testament. Yes, the process is mostly about assets, but is also involves medical directives in the event that you should become incapacitated. It may be unlikely, but the tragic truth is that people of all ages sustain catastrophic injuries every day in America. Without a medical directive, your family may be unable to determine exactly what you want done in any given circumstance. For example, they may not know whether you want to be left on a life-support system or taken off it after a certain period of time. This ambiguity can and has lead to protracted legal battles in the past.

Life is unpredictable. Most of think we have all the time in the world, but that is seldom the case. Fort Lauderdale estate administration may be morbid and uncomfortable, but it is also thoughtful and considerate. The worst thing we could ever do to our loved ones is to leave them with an imbroglio if we should pass before our time.

It only takes about an hour

Why do people fear dentists? Because nobody likes people poking at their gums and teeth! Even if it is necessary, some folks avoid the dentist at all costs. The same could be said for estate planners. They don’t want to think about their own mortality and they kick the can down the road, often until it is too late. The good news is that most estate planners can draw up a last will and testament in short order. It might take a bit longer than a simple cleaning, but it won’t take up your entire afternoon.