If you’re thinking about planning your estate, you’ve hopefully considered working with a lawyer to create important documents like a will or trust agreement, power of attorney, and a health care directive. One thing you might not realize, though, is that the way you title your property can have just as big of an impact on your loved ones as any of those documents.
How you title property matters because it affects how difficult it will be for your loved ones to take control of your assets after you die. Choosing the right titling solution can mean the difference between your wishes being carried out in a smooth process or your loved ones dealing with a headache in probate court to sort everything out.
There’s no one-size-fits-all solution for titling property that works for every stage of life and scenario. Instead, you need to work with an experienced estate planning lawyer who can learn about your unique situation and find the option that makes the most sense for you and your family.
Below, we’ve created examples of some different life circumstances and described the property titling situation that might apply. If any of these sound like the situation you’re in, you might want to talk with a lawyer.
Of course, these are just quick examples — real life is usually a lot more messy and complex. If you want to know more about which estate planning solution makes the most sense for you, contact our team at the Devolder Law Firm to get personalized advice from experienced lawyers who know how to help you protect what matters most.
If you’re ready to start planning your estate and securing your loved ones’ financial well-being for the future, the Devolder Law Firm is here to help. When you work with us, we’ll take the time to understand your situation and your unique needs so we can help you craft an estate plan that addresses your wishes and concerns for many years to come.
If you’re ready to take the next step, call us at 813-724-3880 or fill out our convenient online contact form. We’ll get in touch with you right away to schedule an initial consultation.
The content provided here is for informational purposes only and should not be construed as legal advice on any subject.