Ryan M. Mynard, Attorney at Law, P.A.

Several estate planning documents can offer protection

When people in Florida think about making future plans for their estates, they often think about creating wills. However, estate planning involves much more than setting up a will. A few other documents are also important to create with the goal of protecting one's assets and interests long term.

A will is the basic component of any estate plan, as it spells out how exactly a person wishes to divide his or her assets after he or she dies. However, a trust can also be wise to include in an estate plan. Trusts are highly valued due to their ability to limit asset owners' estate taxes.

Letters of intent are also beneficial documents to include in estate plans. These documents explain to beneficiaries or will executors what asset owners' wishes are, including how they would like to distribute their assets and even details about their future funerals. Yet another essential estate planning document is a health care power of attorney, which names a person who can make health care-related decisions for someone who has become incapacitated and thus cannot make these types of decisions on his or her own.

The process of creating an estate plan in Florida can understandably be complex, especially for those who have accumulated a large number of assets over the years. However, failure to engage in estate planning may mean that a person's valuable assets end up in unintended hands when he or she passes away. An attorney can guide asset owners through the estate planning process so that they avoid making critical errors that may adversely impact their estates in the long run.

No Comments

Leave a comment
Comment Information

Schedule A Consultation

With offices in Crestview, we advise and represent clients throughout Northwest Florida. To speak with a dedicated and compassionate estate planning and probate lawyer, please call 850-634-4656 or contact us via email. We would be honored to speak with you about your concerns.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Email Us For A Response
Ryan M. Mynard, Attorney at Law, P.A.

Ryan M. Mynard, Attorney at Law, P.A.
420 East Pine Avenue
Crestview, FL 32539

Phone: 850-683-3940
Map & Directions