Professional Estate Planning and Why It’s Important

Do-it-yourself (DIY) estate planning can be a tempting option, but it comes with significant risks. Seeking the professional services of a Florida estate planning attorney allows you to create a comprehensive estate plan that provides that your assets go to the people you want and ensures your financial and medical decisions are handled according to your wishes. It also allows you to have a relationship with an attorney that you can discuss your ongoing estate plan and that attorney will be able to assist your administrators if you are incapacitated or deceased. Estate Planning attorneys do not create documents, we create estate plans for clients and an ongoing relationship for when life happens and changes need to be made. As we have discussed in previous articles, an estate planning attorney can also help you review and update your plan regularly, which is important since your estate plan is a crucial tool in securing your legacy and providing for your future.

We are concluding our series of articles discussing the pitfalls of DIY estate planning. Here are some additional areas a Florida estate planning attorney can help you navigate.

Digital Assets

Do you have valuable digital assets such as online accounts, cryptocurrencies, and digital files? If so, failing to include these assets in your estate plan can lead to complications and even loss of important information. Your estate planning attorney can give you some direction in the areas of creating a digital inventory to help ensure that your digital assets are properly managed and distributed according to your wishes.

Contingency Planning

Contingency planning is an important aspect of estate planning that is often overlooked. Estate planning attorneys can help you establish backup plans in your estate plan to ensure that your wishes are carried out even in unexpected circumstances. Having contingency plans in place can provide added security and peace of mind for you and your loved ones.

Procrastination

Procrastination is a common pitfall in estate planning. Delaying the creation of your estate plan can leave your loved ones unprepared and vulnerable. Overcoming procrastination and taking action to protect your family’s future is essential. When you DIY, you are more likely to say, “I’ll get to it later.” However, setting up a consultation with a Florida estate planning attorney is much less overwhelming and allows you to begin the estate planning process right way.

If you are seeking an estate planning attorney and/or a probate attorney in The Villages area, look no further. The Florida estate planning lawyers and probate lawyers at Pittman Law Office are ready to serve you. Contact us to schedule a consultation today!