TAKE CONTROL OF YOUR FLORIDA ESTATE PLAN WITH A WILL
Everyone has an estate plan, whether they know it or not. For Florida residents who die without a will, their estate plan is the state's intestacy laws. While these laws may work well for some, many others may find them to be unsatisfactory. In particular, people with large, complex assets and property may not necessarily be happy with the intestacy laws.
Not too long ago, we explained some of the problems that the estate of Prince had experienced with controlling the release of some of his unreleased music. There have been at least two separate instances where music was released without the permission of Prince's estate. Prince did not have a will or estate plan at the time of his death, and it is possible that there would have been fewer of these problems had he had one.
Here at the office of Rignanese & Associates, PLLC, we understand that the will is the foundation of a solid estate plan and the starting point for other useful estate planning documents like trusts.
People often encounter fill-in-the-blank wills or do-it-yourself wills on the internet or elsewhere.
While the simplicity of these may be appealing, a professionally drawn-up will is usually superior for both distributing assets and minimizing tax liability.
Please reach out to us at 141 5th Street NW, Suite 300, Winter Haven, Florida 33881 at 863.294.1114.
Established in 1991, Rignanese & Associates is available to work with clients on their legal needs.
On behalf of J. Kelly Kennedy, Attorney/CPA, PLLC, which has been acquired by Rignanese & Associates, PLLC.