There is more to crafting an estate plan than deciding what will happen to your assets after you die. A good estate plan can also help you and your family protect your assets and protect yourselves while you are alive. For example, an estate plan can include a health care directive and other documents that give legal force to your wishes about how you want to be treated if you are no longer able to speak up to yourself due to injury or illness.
While it is known that developing a Florida estate plan is an important step to take, many decide to put this off later in life. Even when individuals and families take the time to put an estate plan in place, they may not be fully aware of the roles this plan can play, what happens after they pass or the importance of continually updating one's estate plan throughout their life. By keeping an estate plan current, this can help ensure that the administration of the estate matches the wishes of the individual.