Estate Planning In Coral Gables, Florida

Find the right Estate Planning attorney in Coral Gables, FL

In Coral Gables, Florida, "estate planning" refers to the process by which a person makes arrangements related to their property after their death. It can (and should) also include personal issues that might come up immediately before and after a person's death.

Usually, the first thing a person thinks about when they think about estate planning is a will. A will dictates what occurs to a person's property after they die. In general, you can leave your property to whomever you want, and attach almost any condition to such gifts. In the vast majority of estate plans, a will is the central component. It is rarely the only one, however.

A clear estate plan will also contain instructions to your doctors about your preferences for end of life care, in case you become unable to express them. This is identified as a "living will." It should also include instructions about funeral arrangements and organ donation.

Crucially, your plan should make arrangements for the care and custody of your children, if they are minors. Nonetheless you should initially discuss this matter with the person who you intend to take custody of your children in case something happens to you, to make sure they are willing and able to do so.

What Type of Estate Plan Do I Need in Coral Gables, Florida?

The answer to this question varies on your individual needs, your priorities, your health, and the size and nature of your estate.

If you are in good health, young, and not married, planning an estate is likely not a high priority. And at this time in your life, it doesn't really have to be, with a few possible exceptions, such as individuals who work in very hazardous jobs, or who are very wealthy.

There is one group of unmarried people for whom estate planning in Coral Gables, Florida is absolutely necessary: adults who are not married, but have a life partner who they'd like to provide for in the event of death. There are many rights that automatically attach with marriage, such as the right to inherit if a spouse dies without a will, the right to make medical decisions for the other spouse if they become incapacitated, etc. If you and your partner are, for whatever reason, unable or unwilling to get married, you will have to take various steps to secure these rights, such as authorizing power of attorney, and writing them into your will.

There is another considerable group of people who would benefit from having a good Coral Gables, Florida estate plan: the elderly and those with a lot of money really need to consider making a comprehensive estate plan as soon as possible. While this necessarily includes facing some uncomfortable realities, it is critical and unavoidable.

Do I Need a Coral Gables, Florida Estate Planning Attorney?

Because estate planning can be a confusing process, the expertise of a good lawyer in Coral Gables, Florida who specializes in wills, trusts, and estates can make the process a great deal easier.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Coral Gables

Believe it or not, but Coral Gables is a city located southwest of Downtown Miami. When we all think of Miami, we think of South Beach, not the neighboring Coral Gables. However, about 42,249 people call Coral Gables home.

Some popular attractions in the area include the Miracle Mile, DeSoto Fountain, Coral Way Scenic Drive, Coral Gables Museum, Lowe Art Museum, and the Montgomery Botanical Center.

Since Coral Gables is a planned community, it is known for its strict zoning regulations. The city is very particular on what type of theme/atmosphere needs to be creating in what part. There via strict zoning regulations, residents must comply and aid the city in maintaining the desired look.

Coral Gables, being so close to Miami, has access to many law firms of all size, that practice in practically all areas. These firms train very competent attorneys to handle any and all legal matters. Thus, residents of Coral Gables can stay rest assured because any of their legal needs can easily be handled by the nearby legal force.

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