OVERVIEW OF THE WILL DRAFTING PROCESS AND WILL EXECUTION

In this day and age, it is not uncommon to have the details of one's life documented in some form or way. When it comes to drafting a will or an estate plan, some individuals seek to include many items. Our firm understands that Florida residents not only seek to protect assets but also want to address other pressing issues when they draft a will. For many, wills are not only a way to ensure that their property and assets pass to their descendants upon their death, but also address what will occur if they are incapacitated. Individuals seek to accomplish much when they draft a will, which makes will execution very important.

It is not only the language and details of the document that concerns them, but also any tax consequences. Individuals should be knowledgeable about any potential financial issues that could present themselves when their will is executed. This will allow them to make well-informed decisions regarding what to include and how to draft their will or estate plan.

Florida residents are also concerned about the wellbeing of their assets in the event of incapacitation. In these situations, including a health directive and a power of attorney could help address these issues. Whether or not these are included, it is important that all scenarios are addressed when tackling an estate plan. One error could delay the entire probate process. This could also create costs to their beneficiaries. Having a full financial picture and understand their goals will help the drafting process.

Having a will could help accomplish several objectives, but many seek to draft a will in order to ensure their loved ones receive the assets and property they seek to pass onto them. It will ensure their rights are protected and any possible issues are addressed.

Established in 1991, Rignanese & Associates is available to work with clients on their legal needs. Let us help you save time, trouble and money.

Rignanese & Associates is available to work with clients on their unique situation. Please reach out to us at our headquarters at 141 5th Street NW, Suite 300, Winter Haven, Florida 33881 at 863.294.1114.

On behalf of J. Kelly Kennedy, Attorney/CPA, PLLC, which has been acquired by Rignanese & Associates, PLLC.