Estate Planning Attorney in Orlando
Focused on Establishing & Revising Legal Documents
At Nix Law, P.A., in Orlando, we represent families at crucial times in their lives. For this reason, it’s important you review your estate plan to make sure it is up to date after a crucial life change such as a recent marriage or divorce. Attorney Mikaela Nix can help you review your estate plan and make appropriate changes.
For a detailed list on ways we can help, call our firm at (407) 634-1830 today.
Which Estate Planning Documents Should I Review?
Ideally, every previous estate plan you created before your life event should be reviewed and altered to fit your current circumstances.
Common documents include:
- Wills and trusts: If you marry, divorce or gain a child, review your will or trust to make sure your assets go the people you want to have them when you die.
- Life insurance: Life insurance proceeds are distributed by beneficiary designation. Make sure your designation is up to date.
- Retirement and stock accounts: Stock and retirement accounts need to be reviewed during divorce. You may have to divide a retirement account with your ex as a part of your marital property settlement. For assets that are yours to keep, make sure your beneficiary designations are up to date.
- Powers of attorney: Many people give their spouse power of attorney to make financial decisions for them if they should become incapacitated. Make sure the person you named is the person you want to have this power.
- Living wills and health care power of attorney: In Florida, the person you give health care power of attorney can make medical decisions for you if you are incapacitated. This person would also communicate your intentions for medical care if you are in an end-of-life situation with no hope of recovery.
Offering Skilled Legal Guidance & Services
At Nix Law, P.A., our Orlando estate planning attorney will help you review all estate planning documents to advice you on which would benefit from an update. Additionally, we will ensure any updated document is legally sound and binding.