There are a number of recommendations estate planning attorneys make that are designed to help protect your family and ensure your wishes are carried out upon your death. As Florida estate planning lawyers and probate attorneys serving The Villages area, we frequently deal with individuals who have already retired.  As our clients enjoy their golden years, it is our job to ensure they and their families are protected.  Our next series of articles will cover some areas to consider that are almost as easy as scheduling a tee time.  Let’s take a look:

Revocable Living Trust

A Revocable Living Trust can be set up to take care of any expenses you wish to cover after you have passed away. For instance, you can set up a college fund for your granddaughter with the provision that the money be released to her upon her 18th birthday provided it is used only for the purposes of attending college. Your Trust can also retain assets for the benefit of a loved one who isn’t good with money.  If you have assets you would like to designate in a Revocable Living Trust, be sure to talk with a qualified Florida estate planning lawyer about the funding of a Revocable Living Trust.

Cover Fees

Certain assets come with fees that can cause a significant burden on those receiving an inheritance.  A Florida estate planning attorney can help explain the taxes that your beneficiary or estate may need to pay after your death.  You may then choose to take out a life insurance policy to cover the estimated fees and taxes, thus alleviating this burden from those inheriting your estate.

Our next article will cover more tips from your estate planning attorneys.

The Pittman Law Office is comprised of a team of experienced estate planning attorneys, probate lawyers and qualified staff dedicated to helping clients throughout The Villages area have peace of mind about their estate plans.  You are retired and should be enjoying your retirement. Let us take care of the heavy lifting for you. Give us a call to schedule a consultation today.