5 Key Documents Every Estate Plan Needs
Quick Tips: Start early; updating is easier than starting from scratch. Always consult with an attorney before finalizing documents. Digital copies are helpful, but always keep physical originals safe. What Pensacola Residents Need to Understand About Essential Estate Planning Documents For Pensacola residents, particularly in Escambia County, there's no escaping the importance of a well-organized estate plan. Estate planning isn't just for the wealthy; it's a necessary task for everyone to ensure their wishes are respected after they pass. Understanding these must-have documents is crucial for considering life insurance and hiring an estate attorney. Let's delve into the essential five: 1. Last Will and Testament Your will ensures that your assets are distributed according to your wishes. Without a will, state laws (like the Florida Probate Code ) govern how your assets are allocated. It covers All tangible assets, guard...