BRESS LAW FIRM, PLLC.

 

ESTATE PLANNING

Estate Planning is the planning and arranging of how a person’s estate will be disposed of during life and after death. Planning, in general, is the process of finding the best means to achieve a goal or set of goals. It involves formulating goals, gathering facts, analysis, considering alternatives, and the drafting of a plan that minimizes risk and realized its goals in the most efficient manner.  

 

The most common goal of estate planning is to ensure that after you die, your loved ones are taken care of. Other goals include charity, asset protection, minimizing taxes, avoiding probate, and organizing one’s affairs in a manner that will be most beneficial to those you intend to benefit from your estate. Another common goal of estate planning is the avoidance of the cost, uncertainly, and difficulties imposed by the probate process.

 

Estate planning sometimes involves complex estates, circumstances, and personal relationships. Or can be relatively simple, involving only the creation of a last will and testament and other safeguards, such as living will or advanced medical directives.

 

Estate Plans often include Wills, Living Wills, Trusts, Investments, Insurance Policies, Retirement Benefits, Powers of Attorney, Medical Directives, Healthcare Proxies, and Guardianship designations.

 

Property that is transferred after your death, if not transferred through a will substitute, will be subject to the probate process. The probate court will determine if your will, if any, is valid. The court may hear evidence from interested parties, and finally the court will distribute your property to your heirs or beneficiaries.

 

Estate planning is impacted by state and federal law, which in recent years has undergone significant changes, especially in the area of tax law. Either way, a sound estate plan is necessary to ensure that your goals are realized.

 

If you need legal assistance with an Estate Planning matter, such as drafting and executing a Last Will and Testament, you can contact Bress Law Firm, PLLC at (954) 336-8049, or by email at Michael@BressLaw.Com. Initial consultations are free and confidential. We are located in Aventura, Florida, but serve clients throughout Miami-Dade County. By appointment only. 

 

DISCLAIMER

The information you obtain at this site is not, nor is intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. You are welcome to contact us about a legal matter via. Phone, Letter, or Electronic Mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information until such time as an attorney-client relationship has been established. Our firm, however, treats all client information as strictly confidential.

 

 

 

 

 

 

 

 

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