Port Charlotte Estate Planning Attorneys

Making Future Plans for You & Your Family

The future can be scary, especially if you don’t plan for it. Come to Dellutri Law Group in Port Charlotte to learn how to make an estate plan with our legal professionals. With the right estate plan, you can cover a wide variety of concerns that you and your family might encounter as you get older and after you pass away. We are here to make sure that your estate plan reflects your wishes and best interests without putting you under stress while making it.

Call (800) 391-4337 or contact us onlineto connect with a Port Charlotte estate planning lawyer.

Should You Make an Estate Plan?

Estate plans have been labeled by society as something for senior citizens to make once they get gray. We are here to debunk this myth a bit. It’s true that seniors can benefit from an estate plan, but it’s also true that many, many other people can, too.

People who should consider making an estate plan sooner than later include:

• People nearing retirement age
• Parents
• Business owners
• People with significant finances
• People with specific medical needs
• People who own real estate in multiple states
• Thirty something professionals with young children
• Young families just starting out

The bottom line is that many people can benefit from an estate plan because it is never a bad idea or time to think about the future. Give us a call at (800) 391-4337, tell us about your situation, and we will happily tell you if an estate plan is something you should already be creating.

Five Useful Estate Planning Tools

Every estate plan is unique because it serves the specific needs of the person who makes it. However, there are different legal tools or documents that are used to make an estate plan that show up in most.

The majority of estate plans will include these five documents:

1. Designation of healthcare surrogate: This family protection plan tool will give someone the authority to make medical decisions on your behalf in the event that you can’t make them yourself, such as due to unconsciousness. Anyone who has specific medical needs or healthcare wishes absolutely should make a designation of healthcare surrogate.
2. Power of attorney: A power of attorney will give a trusted person the authority to make important decisions on your behalf that are not necessarily related to your healthcare. For example, a power of attorney will let someone manage your finances when you can’t.
3. Living will: Lifesaving measures in medical settings can take many forms. A living will allows you to state which of those measures should be taken to help you if any. The use of a living will can reduce the stress and trauma that your loved ones will experience as you pass away because you will have already made some of the toughest choices for them.
4. Last will and testament: More commonly called a will, a last will and testament outlines what you want to be done with your property and responsibilities when you pass away. You can use it to name who inherits your property, who should look after your minor children, and more. A will goes to probate for a review by the court, which needs to check that it is legally valid.
5. Revocable trust: You can place assets into a revocable trust to protect them from certain tax implications and transfer ownership over them when you pass away without the need for probate.

Beware DIY Estate Plans

You might have been offered any number of “do-it-yourself (DIY)” estate planning kits, either online or in some retail stores. We must warn you to stay away from these kits. They might have the basic instructions to fill in the blanks of some estate planning documents, but they do not come with any legal knowledge or experience. A simple mistake on an estate planning form could be all it takes to stop your loved ones from inheriting much of your assets and finances when you pass away. However, all it takes to stop such a serious mistake is to let a professional estate planning attorney build an estate plan for you. In other words, if you pick up a $20 DIY estate planning kit, then you will get what you pay for.

We’re Here to Help from the Start – Call Now

Dellutri Law Group wants to see you and your family live comfortably without any worries about what the future might bring. Please let our Port Charlotte estate planning lawyers help you create an estate plan that sets everyone up for stress-free and simpler years ahead. You can even get a complimentary Family Protection Plan strategy session with our attorneys to get you started!

Dial (800) 391-4337 whenever you want to start an estate plan.