During the course of your lifetime, you have accrued assets and money that you want to leave to others when you pass away. The state’s probate laws allow you to write your own will. However, you do not want to entrust this task to your own lack of legal knowledge.
Instead, you can hire an estate planning attorney in Naples, FL, to handle this important project for you. Your lawyer can take care of critical tasks that must be completed before your will can be executed.
Paying Your Estate Taxes
After you die, you still are responsible for paying that year’s taxes to the state and federal governments. To ensure that they get their money, these entities will tax your estate if it has enough value.
You can offset any tax balance that you will leave behind by setting aside a financial reserves in your will. You can tell your lawyer that you want a certain amount of your life insurance to go for paying your estate’s taxes. You can also stipulate that a portion of your savings must be used for this purpose.
Filing Your Will
Your lawyer can also make sure that your will is filed with the appropriate probate court after you pass away. You do not have to leave this task to a loved one or friend. Your lawyer can file it immediately after receiving news that you have died.
You can learn more about hiring an estate planning attorney in Naples, FL, online. Contact the Linde Law Group at Website Domain.
