Welbaum Guernsey
Bring Clarity to Your LegalProblems. Call Us At:
800-509-4946

blog Archives

3 important documents to include in your estate plans

When you hear the words “estate plans,” the first thing that may come to your mind is wills. You may already be aware that wills are useful tools to instruct your loved ones on how to distribute your possessions after you die. However, they do not contain much information about your end-of-life care. Many people overlook the fact that estate plans can help to improve their quality of life as they get older. With old age comes declining health and the likelihood of you needing assistance with your daily activities, financial affairs and more. 

When a guardian must be removed

As people age and retire from the workforce, they often move to sunny Florida with a plan to enjoy their remaining years. At times, some people may need a guardian to oversee their well-being. This is often the case if they become less able to mentally or physically negotiate finances and other concerns.

4 appropriate times to update a will

Wills are important documents all adults need to have to prevent legal complexities upon their passing. Unfortunately, a Gallup poll indicates that only 44 percent of adults in the United States actually have a will set up. This is down from 51 percent of adults having a will in 2005.

When should you update your will?

Creating a will is not a one-time-only deal. This essential document must be current for it to best serve your wishes and benefit your family. However, how often should you review it to see if it requires modification?

Do not forget to include your pets in your estate plans

When it comes to estate planning in Coral Gables, the one thing that many people overlook is their pets. It may be hard for you to think about your pets outliving you or becoming unable to care for them because of a disability. But not taking those issues into consideration while creating your estate plans can result in your furry companions suffering a dramatic change in living conditions and care and ending up in a shelter when you die.

Is your estate plan outdated?

There is no doubt that estate planning benefits people at all stages of their lives. However, it is also clear that the concerns of people in their 30s are often different from the priorities of people in their 70s.

2151 S. Le Jeune Road, Suite 200
Coral Gables, FL 33134

Toll Free: 800-509-4946
Fax: 305-441-2255
Map & Directions