We welcome you to our Estero, FL local page. If you have landed here, you are looking for sound information about estate planning in Estero, and you are certainly in the right place.
There are countless reasons to live in this area, and we are very proud to serve people here in our community. The weather is phenomenal year around, cultural activities abound, you can engage in recreational pursuits 12 months a year, and the culinary delights are without peer.
As you enjoy your life in Estero and the years pass, you may start to contemplate your legacy. This is where we come in. Attorney Barbara Pizzolato has been helping clients craft meaningful legacies for over 30 years. If you work with our firm, you will receive sincere, one-on-one attention, and you can craft your plan with full confidence. Ultimately, your family will be provided for in the ideal manner, and you will be able to make a significant positive impact even after you are gone.
What Will Your Legacy Be?
It is possible to create a bare-bones estate plan through the creation of a simple last will. However, there are limitations if you use a will, and there are drawbacks. One of them is the fact that a will must be admitted to probate. This is a time-consuming and expensive legal process.
Many people in Estero feel more comfortable with the process of legacy planning. This is a more comprehensive, holistic form of estate planning. You take a 360 degree approach when you craft your legacy, and you leave behind some gifts to your loved ones that money cannot buy.
Though there are matters of the heart, mind, and soul that can be addressed when you are engaged in the legacy planning process, financial matters are clearly very important. There are a lot of wealthy people in our area, and high net worth individuals can be exposed to the federal estate tax.
People who own property in certain states also have to be concerned about the imposition state-level estate taxes.
If you work with our firm, we will evaluate your financial position. If your estate is going to be subject to estate taxes, we can advise you with regard to wealth preservation strategies that can be implemented.
Even if you are not exposed to estate taxes, there is a specific legacy planning strategy that is right for you. There is no one cookie-cutter plan that will be ideal for everyone, so you should understand all the facts and shape your plan around your own unique set of circumstances.
Incapacity Planning is Important for All Florida Residents
A well constructed estate plan will consider the eventualities that you could face toward the end of your life. Many people will become unable to communicate at the very end, and you can account for this through the creation of certain incapacity planning documents.
One of them is a living will. This type of will is used to state your life support preferences. With durable powers of attorney, you can empower agents to make medical and financial decisions on your behalf if you ever become incapacitated.
When you prepare for incapacity on your own, you take the state out of the equation, and there will be no guardianship proceedings if incapacity strikes toward the end of your life.
Estero Residents Should Get an Estate Planning Consultation
As you can see, there are many different things to take into consideration if you want to be comprehensively prepared for your senior years as you simultaneously craft a meaningful legacy.
If you are ready to put a plan in place, we are here to help. We can get to know you, gain an understanding of your objectives, and advise you accordingly. Ultimately, you can go forward with a tailor-made plan that provides for the people that you love in the optimal manner.
To set up a consultation, call us at 239-225-7911 or send us a message through our contact page.