Frequently Asked Questions about Florida Estate Planning

What is estate planning?

Estate planning is the process of determining how your assets will be distributed upon your death. This can include legal documents such as wills and trusts, as well as instructions for your health care and care of minor children.

Do I need a will?

A will is the most basic component of an estate plan. It allows you to designate how your property and assets will be distributed, and to whom. It is a good idea for every individual to have a will.

What is a trust?

A trust is a legal entity that holds property or assets for the benefit of a specific person, group, or organization. It can help avoid probate, provide for minor children, or support a loved one with special needs.

How often should I update my estate plan?

It’s recommended to review your estate plan every three to five years. However, if there are significant changes in your life such as a marriage, divorce, birth of a child, or a substantial change in your assets, you should update your plan immediately.

Do I need an attorney for estate planning?

While it’s possible to create an estate plan on your own, it’s often beneficial to work with an attorney. The Law Offices of Rina Feld can provide guidance and ensure that all legal requirements are met. Contact us at (561) 279-6771 for more information.