{"id":10284,"date":"2016-05-24T19:02:01","date_gmt":"2016-05-24T19:02:01","guid":{"rendered":"http:\/\/www.tampabaylawgroup.com\/?p=10284"},"modified":"2016-05-24T19:02:01","modified_gmt":"2016-05-24T19:02:01","slug":"estate-planning-5-steps","status":"publish","type":"post","link":"https:\/\/themediabeast.com\/resources\/estate-planning-5-steps\/","title":{"rendered":"Estate Planning | 5 Easy Steps to Estate Planning"},"content":{"rendered":"

Estate Planning | 5 Easy Steps to Estate Planning<\/h2>\n

Estate Planning |<\/a>\u00a0Can be a difficult subject to approach for many people. The thought of leaving their partner or children<\/p>\n

alone can be a difficult reality to face. However, it is an essential process in order to more fully protect one&#39;s assets and\u00a0prepare for the future of the decedents children, spouse or other dependents.<\/p>\n

One of the first steps to consider in estate planning is life insurance. While getting life insurance may depend on ones\u00a0financial situation, it could help cover expenses upon death. The &quot;death-benefit&quot; should cover debts and any other financial\u00a0aid that could help the spouse or dependents, such as covering burial expenses or funding college courses.\u00a0Below are some further steps to follow.\u00a0Establish a will. It is important to have a written will in place so that an estate is divided up as the decedent sees fit.\u00a0Should a will not be established, it could lead to arguments among family members as to who gets what, which may\u00a0eventually lead to long-term legal battles.<\/p>\n

Establish power of attorney. Not only should a person prepare for death, but also for the time before it. A power of<\/p>\n

attorney can help an individual with financial and legal affairs, doctor&#39;s permissions, and medical treatment the individual\u00a0may or may not want at the end of life.\u00a0Consider a trust. A trust can help the survivors avoid going through probate court, which can be time consuming and\u00a0costly.<\/p>\n

Protect the business. Planning for the end of life should not just extend to assets. If a business is owned, make sure a<\/p>\n

succession plan is in place.\u00a0Wills and other end of life documents should be updated periodically to account for major events such as the birth of a\u00a0grandchild or death of a family members listed in the will.<\/p>\n

Mortellaro & Snadinos, PLLC is experienced in handling estate planning, advance directives, special needs planning<\/p>\n

more. Contact us with any questions.<\/p>\n

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Don\u2019t wait! We can assist you with all of your estate planning legal needs. Call to schedule an appointment with one of the top estate planning attorneys Tampa has to offer! Tampa office<\/a> at 813-367-1500 or\u00a0send us your questions online.<\/strong><\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Estate Planning | 5 Easy Steps to Estate Planning Estate Planning |\u00a0Can be a difficult subject to approach for many […]<\/p>\n","protected":false},"author":1,"featured_media":10285,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","footnotes":""},"categories":[858],"tags":[859],"class_list":["post-10284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-estate-planning","tag-estate-planning"],"yoast_head":"\nEstate Planning | Steps To Estate Planning | Tampa, FL<\/title>\n<meta name=\"description\" content=\"Call to schedule an appointment with one of the top estate planning attorneys Tampa has to offer!\u00a0Tampa office\u00a0at 813-367-1500\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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