A Trust, on the other hand, is intended to control an estate for years after a person’s death. Contrary to popular belief, making a Trust does not guarantee the avoidance of Florida Probate. We will explain the differences in order for you to make your most-informed decision.
A Trust, on the other hand, is intended to control an estate for years after a person’s death. Contrary to popular belief, making a Trust does not guarantee the avoidance of Florida Probate. We will explain the differences in order for you to make your most-informed decision.
Durable Power of Attorney, Designation of Healthcare Surrogate and Living Will are also must haves…
A Durable Power of Attorney is when a principal appoints an agent to handle financial transactions on their behalf – that are in the principal’s best interests, if and when needed.
A Health Care Surrogate is a person appointed by the declarant to oversee their end-of-life care and/or to make health care decisions in the event the declarant is unable to make the decision.
A Living Will is an instrument used to address a person’s right NOT to be kept alive by artificial means under specific circumstances.
Components of a Florida Last Will & Testament
- Residency information with statement of declaration
- Revocation of any previous Will and/or Codicils*
- Immediate family
- Nomination of Personal Representative(s) and Successor Personal Representative(s)
- Note, a Personal Representative cannot be a person who has been convicted of a felony
- Specific Powers of the Personal Representative
- Named Beneficiaries
- Separate Writing
- Specific Devises
- General Devises
- Demonstrative Devises
- Residuary Devises
- Survival provisions and requirements
*A Codicil may be used to amend just a particular section of an existing Will
