I think I know what’s going on. The economy stinks and most of us are afraid to spend our money. Spending money on lawyers is the last thing we want to do right now. Especially this time of year. What are you going to spend your extra cash on – presents for the grandkids or a lawyer?
Ok, but you need to have a Will. What happens if you don’t have one? If you don’t have a Will when you die, the State of Florida will write one for you!
Well then, what about a “simple Will”? Ok, some clients equate “simple” with “cheap.” All I write is simple Wills. I mean they are as simple as they need to be to cover the needs of the family and provide the needed protection. Part of my service is advising clients how to title their assets so they do not even pass through the Will, thereby avoiding probate costs. Now that’s simple!
Here’s how to think about it. How much do you pay for car insurance each year? I will bet the cost of estate planning, including a Will, Durable Power of Attorney, Health Care Advance Directive, and Living Will, will likely be less than the cost of car insurance for half a year!
And remember, you pay for car insurance every year. Your estate planning needs to be done once, and then updated only when there are major changes to the law or changes in your family. Now, which is more valuable? Your spouse and kids, or your car? You wouldn’t go without car insurance, so why should you go without a Will or other proper planning?
For those of you who mention this article, I will extend a holdiday gift. From now until the end of the year, I am offering a 20% discount off my regular estate planning package costs. Call now to schedule your consult. Don’t wait until it’s too late!
Debra G. Simms
Attorney at Law
Orlando
Daytona Beach
407-331-4529
1-877-447-4667
