Estate Planning Lawyer Lithia, FL
Estate Planning Attorney
It’s never too late to start planning your future, and a Lithia, FL estate planning attorney from Morton Law Firm LLC can help you every step of the way.
Most people assume that an estate planning attorney can only handle how assets are divided after a death. However, we can provide much more than just wills and trusts. Read on to learn more about what our estate planning professionals can do for you, and get in touch with us for a free consultation.
Guardianship
If you have elderly relatives, young children, or adult relatives with disabilities that are depending on you for their day-to-day care, a Lithia estate planning attorney from our office can help you establish guardianship.
It may not be pleasant to think about, but there may come a day when you’re no longer able to care for your family members. However, naming a trusted family member to act as a guardian can provide some valuable peace of mind. A guardian is nominated to take care of those you’d normally care for, and after you’re no longer around, the guardian will assume the responsibilities of care.
There are two types of guardianship: Guardian of the person, and guardian of the estate. A guardian of the person is responsible for the physical wellbeing of your dependents. On the other hand, a guardian of the estate is just responsible for your dependents’ finances.
Durable Power Of Attorney
Naming a guardian for your family members ensures that your family members will be taken care of when you’re no longer able to. But what happens if you’re no longer able to take care of yourself? Fortunately, Morton Law Firm LLC can help you establish durable power of attorney.
A durable power of attorney is a legal document that gives someone else the legal authority to act on your behalf. A durable power of attorney remains in effect if you’re suddenly incapacitated through illness or injury.
Creating a durable power of attorney is a good idea if your family has a history of dementia or Alzheimer’s. It’s also important to have one in case of any kind of emergency. You’re naming a trusted individual to make financial and legal decisions when you’re no longer able to, and much like guardianship, it’s valuable peace of mind.
Wills and Trusts
As with practically every other estate planning attorney, wills and trusts are a major facet of our practice. Planning for your future isn’t complete until you’ve created a will or a living trust with instructions for what should be done after your death.
Wills and trusts serve largely the same purpose: They both provide instructions and a list of assets for all of your beneficiaries. However, each has pros and cons. Wills may be easier to set up, but more difficult when it comes to execution. Living trusts are almost the mirror image: more challenging to create, but easier when it’s time to divide your assets.
If you’re ready to get started with planning your future, it’s never too late. Get in touch with Morton Law Firm LLC today for a free consultation, and see how a Lithia estate planning attorney from our office can help.