There's More to Florida Estate Planning than a Will

Posted on Dec 27, 2011
Although the most important document that you need for your Florida estate plan is a will, there are other must-have documents tailored to certain circumstances, according to an article in The Wall Street Journal:
  • Revocable trusts - these can be changed during your lifetime and they’re more private than wills and more difficult to dispute.
  • Letter of instruction - provides your executor with contact information for your Fort Myers estate planning attorney, financial advisers, and accountant. It can also provide funeral instructions.
  • Durable financial power of attorney form - without this, no one will be able to make financial decisions if you become incapacitated.
  • Proof of ownership - documentation of any real estate ownership, stock certificates, cemetery plots, vehicles, escrow mortgage accounts, and so forth. It’d be a good idea to keep copies of your last 3 tax returns available. They can provide a snapshot of your assets.
  • Life insurance and retirement accounts – copies of your insurance policies, especially those provided by an employer, should be accessible by a close family member. You should also compile a list of annuities, pensions, 401(k) plans, and individual retirement accounts.

These are just a few of the documents that should accompany your will. Additional documents include a healthcare power of attorney form, marriage license, or divorce papers. You can always discuss your individual needs with a Fort Myers estate planning attorney.

Help From an Estate Planning Attorney in Fort Myers is Just a Phone Call Away

Fort Myers estate planning attorney Matthew A. Linde understands firsthand the importance of careful estate planning and the complexities of financial legal matters, such as probate, tax litigation and guardianship. For help with your estate planning concerns, contact our Fort Myers office to schedule a one-on-one meeting with a professional who can answer your questions – 239-939-7100 or 844-764-5492.