Skip links

What is Estate Planning?

Attorney L. Reed Bloodworth, managing partner of Bloodworth Law with offices in Orlando, Florida, and Winter Haven, answers the question: What is estate planning?

Bloodworth Law provides Florida families and individuals with estate planning and estate litigation legal services.

What is Estate Planning?

Estate planning is the act of creating legal documents and plans that outline for Florida courts your heirs, exactly what you want to have happen to your children, your assets, and your estate after you die or if you become incapacitated.

Probate is the legal process of proving a will or an estate. What are estate planning documents?

Estate Planning Documents

Estate planning documents include:

  • A will
  • A durable power of attorney
  • A health care power of attorney
  • A living will
  • A trust

Estate Planning Legal, Health & Financial

Estate planning also includes making legal plans in case you become unable to handle legal, health, and financial affairs due to medical or mental incapacity.

Estate planning involves making important decisions about your property; people who depend on you for support; possible future physical or mental incapacity; long-term nursing care; health care that you may or may not want, and funeral, cremation, or memorial arrangements.

Personal Representative

In estate planning, you choose a personal representative, or executor, who collects and inventories property and distributes it according to your will. This person pays bills, collects debts and files tax returns on your behalf.

Carry Out Your Wishes

Estate planning is a process of making sure your wishes are carried out by leaving clear instructions regarding your assets. These instructions can be regarding personal property, real property, titled assets and digital assets.

If you don’t have an estate plan, you won’t have a say in what happens to you, your children, your assets, or yourself if you become physically incapable, or if you die intestate.

When you’re ready to begin estate planning, talk to Reed about how Bloodworth Law can help you, or your family.

We Are Open for Business. Law firms are essential & remain open. We work by phone, by e-mail & video conference. We are all here to help you.