With winter approaching, many older residents in the northern states travel to Florida to spend the cold months. While some make a complete move to the state following retirement, others seek to maintain two households to spend the different seasons.
While owning multiple homes has many benefits, it can create some complexities when it comes to creating or updating an estate plan.
Estate planning in Florida
Whether you live full time in Florida or only part time, owning property in Florida means addressing it in your will. At VanNess & VanNess, P. A., our law firm understands that issues can arise when individuals pass with various estate planning documents that address property in different states. Therefore, we take the time to explain Florida laws, helping our clients ensure their estate plan is valid in Florida.
Accuracy and validity
Nothing is worse than having your will invalidated after taking the time to carefully craft an estate plan that details all of your needs and wishes. This will likely cause disputes between loved ones, resulting in your assets and property no longer going to those you intended.
In order to avoid this, it is important that your estate planning documents are accurately prepared and executed in accordance to Florida law. This is where a legal professional can be of assistance. Not only can an attorney help you avoid potential problems but also ensure the documents are drafted with your wants and needs in mind.
Young or old, anyone residing full time or part time in Florida should understand how their estate plan could be impacted. Ensuring that it is updated could help safeguard your estate plan, avoiding issues that could invalidate it.