For many, the events of 2020 were a reminder that life can be fragile. As a result, attorneys Stephanie and Sharon Vollrath of Oviedo’s Vollrath Law are seeing renewed interest in wills, healthcare directives, powers of attorney, and more.
“The pandemic has been a profound reminder of the importance of estate planning,” Stephanie explains. “Our team will walk you through the process of naming those you trust to make both health-related and financial decisions on your behalf if the time comes when you cannot speak for yourself. Completing the legal process of estate planning is not only a gift to yourself, but also to your family. It provides you the opportunity to clearly define how your health is managed and where your assets will be distributed upon your death.”
These simple legal documents, Stephanie adds, will prevent assets from being distributed according to Florida's intestate laws, which may not reflect the deceased’s true wishes.
At Vollrath Law, a basic estate plan consists of:
• Creating a last will and testament that directs how assets will be distributed upon death
• Naming a durable power of attorney that identifies someone to handle financial affairs
• Choosing a healthcare surrogate to make decisions regarding medical care if incapacitated
• Completing advanced directives including a living will to define end-of-life wishes.
“Our objective in estate planning is to provide clients with the peace of mind that comes with knowing their assets will be handled in the manner they wish,” Stephanie says. “When structured properly, an estate plan also ensures that the transfer of assets happens as cost-effectively and efficiently as possible.”
However, if a family member should pass without having legal documents in place, Stephanie can also guide families through the probate process.
When clients need legal representation for real-estate transactions or family law cases, Sharon steps in. Representing both buyers and sellers, she provides a full range of real-estate services including drafting and reviewing contracts, resolving title issues, evaluating loan and mortgage documents, and preparing closing papers.
“Whether your family is managing its estate, buying a home, or separating assets, our goal is to always provide competent and compassionate representation throughout the legal process,” Sharon says. “Guiding families through life’s important milestones is our family business.”
To schedule a complimentary consultation with Sharon or Stephanie, call Vollrath Law at 407-366-0087 or visit Vollrath-Law.com.