Pilka & Associates, P.A.
Full Service Law Firm for Tampa,
Brandon and Polk County
863-236-9321 |813-502-1097

estate planning Archives

Why careful estate planning is needed when you have multiple kids

A comprehensive and well-thought-out estate plan doesn't just benefit the person who's developing the plan. It also benefits their family. In fact, you could argue that estate planning is more for the benefit of those who will be left behind. With careful planning and good communication, you can reduce the work, conflict and uncertainty that you're loved ones will have to deal with after your death.

How can your family talk about estate planning?

It's hard to talk to your loved ones about your estate because doing so means that you have to bring up your eventual death. You know that it's going to happen, and they do, too. The problem is that no one wants to talk about it or think about it.

Your living will: A guiding document for health care providers

If you are considering putting together a living will, it's important that you understand what it is and how it works. A living will is a legally binding document that tells others your end-of-life preferences. It can tell people if you'd like medical technology to be used to help keep you alive or if you'd like to go without artificial life-support apparatuses.

Making financial plans in your 50s: They will affect your estate

Once you've reached your 50s, it's time to start looking closely at your estate plan. There are many good financial moves to make at this stage of your life. Turning 50 is a great time to address many of these financial needs and concerns because most people are once again empty-nesters and are in the position to begin saving and paying off debt.

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