Do you enjoy this time of year? Holiday music, bright lights, fancy decorations and shopping for gifts!! Have you found gifts for your children and grandchildren this holiday season? It would be for you to consider the completion or the updating of your Florida estate plan.
As you reflect on the past year and look to the future, do you have goals for yourself, your loved ones, and your legacy? Do you have a current Florida estate plan? As a Florida senior, have you asked yourself the following questions? Who will make your decisions if you are not able to make them for yourself? If you are in a car accident, who will have the legal authority to pay your bills? Who could handle your business affairs if you could not? Should your adult children be in charge of your finances? Will your retirement plans be able to support you as you age?
In our office, the above questions are not unusual. In fact, we often hear questions like these, and more, from our clients and their family members. We know from our experience that when it comes to Florida estate planning, you should know that your plan will work when you need it to. Again, this holiday season, a completed Florida estate plan is quite possibly the best gift you can give to yourself and your loved ones.
Be aware that in addition to your Florida estate planning, we want you to know that there is a second planning component that needs to be addressed and completed as well. It is your elder law planning, which includes long-term care. The majority of Americans after they reach the age of 70 will need some form of long-term care. Unfortunately, most of this care is not covered by Medicare and will, in fact, fall on the Florida senior to pay. We can assure you that with prior planning it does not have to be this way. We would like to work with you to not only create an estate plan, but also a long-term care plan that can protect the estate plan you are putting in place and allow you to be able to leave a legacy for your family, no matter what the future holds.
We know this topic may raise more questions that it answers and want to help you plan for the future, and the unexpected. Whether you're young and single or a married five-time great grandparent, your voice and wishes need to be known. Worley Elder Law, based in beautiful Bradenton, Florida, focuses on helping you understand your options in designing your Estate Plan or Elder Law needs. Whether it's preventative incapacity planning or establishing your legacy, we will take the time to explain every option and work with you to create a customized plan just as unique as you and your family are. Please do not hesitate to contact us to let us help you.