Looking Out for Your Family's Future in Coral Gables and Surrounding Areas

Estate planning is a topic that makes most people uncomfortable. But making the decision to plan for your family's future after you are gone can be one of the best decisions you'll ever make. When people pass away with no plan for their assets and property, it can leave their loved ones in a real bind. Not only is your family dealing with grief, but they can be faced with financial hardships. Regardless of the dollar amount of your estate, you should still have a plan in place.

Working with an estate planner can help you establish plans for what will happen to your estate when you die so you have peace of mind. Estate planning attorney Platon Alexandrakis will listen to your concerns and goals. He will handle the oversight of your estates and trusts to ensure you are in charge of your finances, your family does not incur undue expenses in the aftermath of your death, and there is no confusion when you pass or become unable to make any decisions. He can guide you through the process, ensuring that all paperwork is in order so your family is protected.

In addition, Platon can also talk to you about having advanced healthcare directives in place in case you are medically incapacitated. At our law office in Coral Gables, we offer our experienced legal services for drafting wills and trusts as well as advanced healthcare directives.

The Basics of Estate Planning

The estate planning areas we assist with include but are not limited: 

• Estate administration 
• Estate litigation or disputes 
• Family limited partnerships
• Irrevocable life insurance trusts 
• Living wills 
• Power of attorney 
• Revocable and irrevocable trusts 
• Special needs trusts
• Wills 

The goal of estate planning is ensure your beneficiaries can receive your assets and minimize taxes. Most plans will at least include the following:

• This is a crucial legal document that is designed to coordinate the distribution of your assets among your beneficiaries after you are gone—the way you want them to be distributed. You can also name guardians for minor children. Without a will, you turn over the decision-making on distribution of assets to the state. How wills protect your property, however, varies. An estate planning attorney in Coral Springs can help you understand the options available to you so that you can make the best decisions for your situation.
• Living will or advanced healthcare directive. A will protects your assets after you die. But if you become ill or are in an accident and become medically incapacitated, you need a living will or advanced healthcare directive. You will appoint the person who will be tasked with making decisions about your medical treatment should you no longer be able to do so.
• Power of attorney. If you become unable to manage your financial affairs, a power of attorney grants that right to someone else—named by you. Upon your death, the directive is no longer valid.

Contact Our Miami Office for Florida Estate Planning

It's not easy to think about your own mortality or face the fact that you could become medically incapacitated. But if you don't make the difficult decisions today, your loved ones could pay the price tomorrow. You've worked hard to ensure that your family is well taken care of after you're gone. Don't let lack of planning jeopardize that. There is no time like the present to start the estate planning discussion. Contact Platon Alekandrakis or call today at 786-853-4769 to make an appointment for a consultation. We also welcome our Coral Gables and Miami area Greek citizens; we speak Greek!