We Are Experienced in Drafting Power of Attorney, Wills and Trusts 

Estate planning is for everyone. Downer Law is a trusted law firm, skilled and knowledgeable regarding estate planning laws in Florida. We offer assurance and peace of mind that your family and heirs will be protected. Our legal team guides our clients through executing valid documents. We recommend a periodic review process to capture any lifestyle changes. Our services include various topics, such as the Power of Attorneys, Wills, Trusts, and more. We work diligently to capture an estate plan that secures your objectives.

Power of Attorney 

A Power of Attorney is a fiduciary relationship granting your designated agent the authority to act on your behalf and in your financial interests. There are different types of Powers of Attorney in Florida. One type is for those incapacitated due to mental or physical disabilities. It cannot perform legal obligations temporarily or for the remainder of its life. For others, it is limited to a specified purpose, such as a real estate closing or paying bills. It may be time-limited or a permanent arrangement. In addition, a Power of Attorney is a helpful tool for persons out of the country or in the military who cannot make financial decisions. Choosing an agent, you trust helps ensure your wishes are followed.

Living Wills

A living will is a health care advanced directive that alleviates loved ones from making crucial medical decisions for you if you become incapacitated. A living will document your preferences for health care to prevent confusion or conflict when your family is presented with tough choices. 

Some of the end-of-life decisions in a living will include:

Cardiopulmonary resuscitation

Mechanical ventilation

feeding

Dialysis

Organ and tissue donations

Comfort care measures

Blood transfusions

Health Care Surrogates

No one can predict when a medical emergency will occur. Being adequately and thoroughly prepared for all of life’s twists and turns will put your mind at ease. A healthcare surrogate document grants your designated agent the authority to act on your behalf for medical purposes. It goes into effect if you become suddenly or gradually incapacitated or unable to communicate with your medical professional. Choosing an agent is essential, as they will be your voice and advocate if you cannot make your needs known. You may name a trusted family member or friend. In addition, you can name an alternate agent in case your agent cannot fulfill the role.

Wills and Trusts

A Living Trust is a legal document that places assets in trust for your benefit during your lifetime and distributes a decedent’s assets without the challenge of probate and court proceedings. It bypasses probate, allowing beneficiaries to access an estate immediately after the decedent’s passing. A trust is a legal arrangement authorizing a person of your choosing to manage your affairs before and after death. In addition, there are tax advantages to having a living trust. There are many types of Trusts for various applications. The most common is the revocable trust and the irrevocable trust. A revocable trust can be updated anytime, whereas an irrevocable trust cannot be modified. Both types of trusts have advantages and disadvantages, which can be fully discussed with an experienced estate planning attorney.

Last Wills and Testaments

Many Floridians pass away without even a basic Will. Having a last will drafted and properly executed is essential to ensure a decedent’s wishes are carried out without confusion, conflict, or extensive delay. Another advantage of having a will is selecting an executor to distribute property and assets to your beneficiaries. If there are minor children, a will can designate a known, trusted guardian to best care for your children’s financial future.

Updating Wills and Trusts

It is essential to update estate planning documents every few years or when there are financial or personal lifestyle changes. It may include a marriage, a divorce, the birth of a child, the purchase or sale of a business, an inheritance, the death of a spouse or beneficiary, or new legislation that affects estate tax laws. Keeping your estate plan current ensures that your wishes regarding your legacy are honored.

In need of an experienced estate planning attorney? Book and appointment with us at (386) 873-7835. 

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