Planning for your future can mean a wide variety of things to different people. For those in their 20s, it is likely that they are thinking about college, professional schools and what career field they want to work in. Those in their 30s are thinking about buying a house and starting a family. The 40s and 50s are about making life changes, such as career changes, buying a bigger home or going on vacation. And, once a person hits 60, they are thinking about retirement. What retirement age signals to many is that it is time to draft an estate plan. However, it is never too early to start the estate planning process, and it is something that residents of Florida should consider in their 20s and 30s.
While no one wants to think about death or what will happen if they become incapacitated, it is important that individuals understand the valuable role that an estate plan can play in your life. At Sobi Law Group, P.L., our experienced attorneys understand how completing an estate plan is crucial no matter your age or wealth; thus, we are dedicated to serving those in Broward and Palm Beach County navigate the drafting process.
An estate plan can consist of various documents. Depending on your needs and ultimate goals, an estate plan looks vastly different from one person to the next. Nonetheless, an estate plan serves as your voice after you are no longer around or able to voice your opinion. A will establishes which heirs and beneficiaries receive your property, a trust can work to protect assets and ensure the correct beneficiary obtains them and a power of attorney can put your financial and healthcare decisions in the hands of the person designated.
Depending on your circumstances and ultimate goals, an estate plan can become rather complex. Because of that, it is important to obtain guidance throughout the process. Our attorneys are well-versed in all pertinent laws, which allows us to help you draft a valid estate plan that meets your overall wishes.
To learn more, check out our law firm's website. Whether you have put it off for far too long or seek to accomplish this task early in life, it is important to be fully aware of your rights and options when it comes to completing your estate plan.