As much as some of us might like to avoid it, everybody needs to think about the future at some point. Taking stock of what your life may be like years, or even decades, down the road, can seem overwhelming. However, taking the time to consider estate planning issues now can give you and your family peace of mind, ensuring that your Estate Affairs are taking care of in case of death, or mental disability.
Planning Now Can Ease Future Tension
At Sobi Law Group, P.L.L.C in Florida, our experienced estate planning attorney will explain what options you have and what types of estate planning instruments can best meet your needs. Our lawyer works with our clients individually to make sure their affairs are in order and customized to their particular situation and stage of life.
Individualized Estate Planning Guidance
No two clients are alike and no two estate planning solutions are the same. Florida residents are a diverse group, at many different stages of life. We'll work with you to determine which services are relevant to you, including:
- Preparing a will, which makes it clear how you want your estate handled and who your beneficiaries should be
- Setting up a trust, which can set up income security for your loved ones after your death, or even in your lifetime, and can give you some control over how your money is used
- Establishing a plan in case you become incapacitated, including a living will, and a durable power of attorney
- Evaluating domestic partnership arrangements to ensure that a non-married partner is able to handle the affairs of someone who falls ill or passes away
Real Estate Investors (REIT)
A real estate investment trust, or REIT, is generally a company that owns, operates or finances income-producing real estate or real estate related assets. For a company to qualify as a REIT, it must meet certain requirements. REIT’s can provide investors with high yields and diversification. However, due to its complexities risks must be explored before making an investment.