The Estate Planning Answers You Need
Many estate planning clients have little to no experience with the estate planning process. In this case, the process can seem overwhelming. How do you know what to consider or how to plan? At The Law Office of Nicole C. Morris, P.A., our team has extensive estate planning experience and is prepared to answer your questions promptly and thoroughly.
Estate planning is a matter of preparation. To help you better prepare for your case, we have listed some questions our first-time clients often ask. For specific and tailored answers, please contact our office directly at 561-855-0348.
What Happens If I Do Not Have An Estate Plan?
If you do not have a will or trust in place when you pass away, your property is subject to intestacy laws. The law prescribes a method for distributing your assets. While this may be in line with your wishes, there is no guarantee. Planning your own estate often gives the power to you to decide who gets your hard-earned assets.
Do I Need An Estate Plan If I Am Healthy?
Yes. If you are healthy, it is an ideal time to plan for your estate. You are in complete control of your faculties and have time to adjust your plan as needed. Many illnesses and accidents occur without warning. Leverage the time you have now so you have a plan in place should the worst happen.
Is A Will Or A Trust A Better Option?
Choosing between a will and trust may seem complex. We believe less is more and will choose the simplest and most economical way to meet your estate planning needs and goals. The choice depends on your assets, family situation and a host of other factors. Our attorneys can better explain trusts and advise you at your complimentary consultation.
Can I Change My Estate Plan After I Make It?
As long as you still have capacity, then usually, yes. There are many reasons to change your estate plan. Your children will become adults; you may get a divorce; your financials may change significantly. In this case, our estate planning lawyer can guide you through changing your estate plan.