When a loved one passes away, it is a challenging time for their family and friends. Their death can be especially difficult for loved ones, particularly if it was unexpected. However, what follows the loss of a family member can make this time even more challenging for everyone as they attempt to settle the estate. From handling debts to transferring property, the estate must be managed correctly, or a significant portion of it could be depleted in court fees. You can prevent this from happening by turning to a probate attorney in Boca Raton, FL, who can assist in documenting your final wishes.
Ensure Your Property is Inherited by the Right Beneficiary
In most states, by default, the spouse or immediate family members are named as the beneficiaries of an estate if there is no legal documentation on how to distribute the property. The court system will allocate the estate according to the state’s laws to the spouse or the deceased individual’s next of kin. While this can be beneficial for those family members, individuals who are not related to the deceased person may not receive the inheritance that the deceased individual intended for them. A probate attorney in Boca Raton, FL, can offer legal advice on how to ensure that the right individual inherits your property. Additionally, they can provide essential information on the steps you can take to reduce or eliminate the taxes that the beneficiary will have to pay on their inheritance.
Save Valuable Time and Money
Loughlin Law, P.A. has dedicated its time to providing the legal services its clients deserve. They can help save your loved ones money and time during a difficult period after your passing. You can start today by consulting with them on how their firm can help plan your estate for the future.
