Planning ahead is important, especially when it comes to your estate. If you are concerned about what will happen to your assets or property after you die, it is crucial that you take steps to put a plan in place. At HAYNES & DE PAZ, P.A., we help clients create meaningful wills and trusts that will protect their assets and provide for their loved ones in the future.
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Whether you have a high-net worth estate or family property to divide, it is important that you work to create a legal solution for property distribution matters. Our Orlando estate planning lawyers can walk you through the benefits of wills and trusts and help you choose the option that is best for you.
Both wills and trusts provide many benefits. While many people think they do not need a will, this can be a dangerous idea. No matter how many assets you have, a will can be helpful when it comes to designating heirs for your property and belongings. You can also use a will to name guardians for children. It is essentially a tool for you to list your last wishes, giving your loved ones peace of mind when handling your estate.
Similar to a will, beneficiaries can be named. A trustee will be used to distribute the assets. This type of estate planning tool can be helpful for individuals who do not want their loved ones to deal with the probate process and wish to keep their estate matters private. In contrast, a will is specifically designed for the probate process and is completely public.