You need a Will. You know it, we know it. But how many of us actually get around to doing it?
We know creating a Will can be overwhelming. But it’s a crucial step towards ensuring your wishes are carried out and that your loved ones are protected after your death.
Secure your family’s future with the help of our experienced Oviedo will lawyer at Vollrath Law.
When you work with us, you can expect personalized attention and a commitment to achieving your goals. We will take the time to understand your unique situation and help you make informed decisions about your assets and property.
We can also help you navigate potential legal challenges and minimize probate for your beneficiaries.
Don’t leave your family’s future to chance. Contact Oviedo will lawyer now.
What Is a Will and Why Do I Need One?
A Will is an estate planning document that specifies how your assets and property will be distributed after your death. You may need a Will to ensure that your wishes are carried out and that your assets are distributed according to your desires.
Without one, state law determines how your assets will be distributed, which may not align with your wishes or your family’s needs.
A Will can also provide instructions for the care of minor children and the appointment of guardians. Working with an experienced estate planning attorney is important to create a valid and enforceable will that reflects your wishes and protects your legacy.
What a Will Does (and Doesn’t) Cover in Florida
Wills are a great starting point for any estate plan. However, they’re limited in what they can do. Here’s what wills do and don’t cover in Florida.
What a Will Does Cover:
- Distribution of assets — A Will can specify how a person’s assets, such as property, bank accounts, and investments, will be distributed after death.
- Appointment of guardians — If the deceased person had minor children, a Will could designate who will become the children’s legal guardian.
- Appointment of a personal representative — A Will can appoint someone to manage the deceased person’s assets and ensure their wishes are fulfilled.
- Establishment of trusts — A Will can establish trusts to manage and distribute assets in a specific way, such as providing for the long-term care of a family member with special needs.
What a Will Doesn’t Cover:
- Non-probate assets — A Will doesn’t cover assets that have a designated beneficiary or are jointly owned, such as life insurance policies, retirement accounts, or property held in joint tenancy.
- Property held in a living trust — A living trust is a separate legal entity that holds assets during a person’s lifetime and can distribute after death, so a Will does not cover property held in a living trust.
- Debts — A Will doesn’t cover debts that a person owes. Debts are paid from the deceased person’s assets before distribution to beneficiaries.
Additionally, a Will won’t keep your estate out of probate—the expensive, time-consuming process that can plague surviving loved ones.
This is why when planning your estate, your best bet is to pair your Will with other asset-protecting documents like a trust.
Why Hire an Oviedo Will Lawyer?
While it is possible to create a Will without the help of an attorney, it’s often beneficial to work with an experienced Oviedo Will lawyer.
A Will lawyer can provide invaluable guidance and assistance in creating a valid and enforceable Will that reflects your wishes and protects your legacy.
Here’s what we’ll do for you:
- Provide legal expertise. We can explain the legal requirements for creating a valid Will in Florida and ensure that your will meets those requirements.
- Ensure that your wishes are carried out. We can help you create a comprehensive and detailed Will that reflects your specific wishes for the distribution of your assets and the care of your loved ones.
- Avoid legal challenges. We can anticipate and address potential challenges to your Will, such as disputes between family members or challenges to Will’s validity.
- Update your Will as needed. We can help you update your Will as your circumstances change, such as when you acquire new assets, have additional children, or experience changes in your relationships.
Overall, an Oviedo will lawyer can provide you with the legal expertise and guidance you need to create a valid and comprehensive Will that protects your legacy and ensures that your wishes are carried out after your death.
Protect Your Family, Create a Will Today.
Don’t leave the distribution of your assets and the care of your loved ones to chance. Work with our experienced Oviedo Will lawyer to create a comprehensive and valid will that reflects your specific wishes and protects your legacy.
Our attorneys can provide invaluable legal guidance and ensure that your will meets the legal requirements in Florida. With our help, you can avoid potential legal challenges and maximize tax benefits for your beneficiaries.
Contact us today to schedule a consultation and take the first step toward securing your family’s future.
FAQ: Oviedo Wills
Do I need a Will in Florida?
While there is no legal requirement to create a Will in Florida, it is highly recommended to ensure that your wishes are carried out, and your assets are distributed as you intended.
Can I write my own Will in Florida?
Yes, it is possible to write your own Will in Florida. However, it’s important to ensure the Will meets the legal requirements for validity and enforceability.
What are the legal requirements for a valid Will in Florida?
In Florida, a Will must be in writing, signed by the testator (the person creating the Will) in the presence of two witnesses, and the witnesses must also sign the Will in the presence of the testator.
Can I make changes to my will after it’s been created?
Yes, you can update or amend your Will at any time as long as you follow the legal requirements for doing so.
What happens if I die without a will in Florida?
If you die without a Will in Florida, your assets will be distributed according to state law through intestate succession. This means that your assets may not go to the people you would have chosen and could lead to legal disputes among family members.
What is a living will?
A living will is a legal document that specifies your wishes for medical treatment and end-of-life care if you become incapacitated and unable to make decisions for yourself.