Wills and Powers of Attorney
Light Path Law, P.A. can prepare a will to provide you and your family with peace of mind. A will governs how your property will be disposed of at your death. While our Firm often refers to what we call a "simple" will as the service we provide, the term: "simple will" is not an official legal term. We provide a basic Last Will and Testament for individuals who do not require or cannot afford complex estate planning.
Through a will, you can decide who gets your property at your death. This is beneficial because if you do not have a will, Florida law will make the choice for you. Within a will, you may also name the personal representative (executor). A personal representative is an individual, bank, or trust company, who manages an estate. You may also make gifts, effective at your death, to charity and provide for a guardian for minor children.
If you die without a will (this is called dying “intestate”), your property will be distributed to your heirs according to Florida law. In addition, the court will appoint a personal representative to manage your estate. In addition, the cost of probate may be greater than if you had planned your estate with a will, and the administration of your estate may be subject to greater court supervision.
Our firm can also provide you with a Power of Attorney. This document can assist in handling your property if you become incapacitated, without having to open a guardianship proceeding in court. This is especially valuable for paying your bills and protecting your assets. Once you pass away, a power of attorney is no longer valid or enforceable.
At this time, Light Path Law, P.A. does not prepare trusts. If you are in need of a Trust, we will refer you to another law firm that focuses on Estate Planning.