There is still a common misconception that only wealthy individuals require consultation with an estate lawyer or will attorney in Boca Raton, FL. In truth, every person needs to have a basic will drawn up by an experienced lawyer. A will is useful in providing legal protection for your spouse and children after your death. It will also help you protect your assets, which include real estate, savings accounts, and other items of value.
- Choose a Guardian for Your Children
It’s especially important to create a will if you’re a single parent. Whether the second parent is completely out of the picture or has traits that would make them a bad full-time parent, a will helps you choose a guardian you trust. Otherwise, a judge will determine guardianship for your minor children, and they may choose someone who won’t meet the standards of care you would expect.
- Determine the Distribution of Assets
If you are married at the time of your death, certain assets are instantly transferred to your surviving spouse. This includes real estate serving as your primary residence. For your other assets, you’ll want to choose who will inherit them. This is another issue the courts settle if you don’t have a will in place.
- Handle Your Digital Assets
A will attorney in Boca Raton, FL can help you set up a digital executor to handle your digital assets. The digital executor will determine how to handle your social media accounts, cloud storage accounts, email accounts, and other aspects of your online presence. They will follow your instructions regarding deleting accounts, removing personal data, and managing your digital finances.
When you’re ready to develop an estate plan, take the first step by arranging a consultation with Loughlin Law, P.A. Visit their website at https://loughlinlawpa.com. to schedule your appointment today.
