Do you know that you have the right to appoint the person/people that you want to make decisions for you if you become incapacitated or died?
These decisions include taking care of your child (or children), managing your assets, and deciding what medical treatments or procedures you should have based on your physicians’ recommendations. You also have the right to give your assets to the people that you desire. However, your rights are not guaranteed because you need proper legal documents in place before you become incapacitated or die. These legal documents are generally referred to as the “Trust & Estate” (T&E) documents.
If you do not have proper Trust & Estate legal documents, it will be up to the court to decide who will be appointed to play those roles and who will inherit your assets. Court proceedings can be long and expensive and the result may not be what you desire. Of course, we are not saying that having these proper legal documents will keep your loved ones from going to court, but at least the process will be more straightforward and simpler, and most important, the judges will know your intention and will normally honor your desire based on the proper legal documents already in place.
Trust & Estate legal documents can be very complicated, and traditionally, the documents are usually customized by lawyers to the specific background and needs of each client. This process can be very costly to clients. Therefore, many people do not have even the most basic Trust & Estate documents in place. At SeedJura, our attorneys work very hard to analyze what are the common needs by most people in the area of Trust & Estate and prepared documents that would be useful by most people. Then, we overlay the process with technology platform so that SeedJura Trust & Estate products are affordable to most people.
Since SeedJura Trust & Estate documents are designed to be useful and affordable by most people, it would be impossible to cover all of the considerations or complex situations of each individual. SeedJura Trust & Estate legal documents focus on the basics that most people would need: (a) allowing you to appoint the people that you desire to manage your assets, take care of your child (or children), and make decisions regarding your medical treatment and procedure (both during incapacitation or after death) and (b) allowing you to name your beneficiaries who will be inheriting your assets after death. The basic documents are (1) Durable Power of Attorney, (2) Health Care Directives, (3) Guardianship for Minors, and (4) the Will.
You can see what features SeedJura Trust & Estate documents provide and what they do not cover under the “Features and Benefits” tab.
SeedJura Trust & Estate documents currently are NOT designed for any of the following:
- People that reside OUTSIDE of Florida.
- People with significant amount of assets.
- People desire to have Trust & Estate documents in place to mitigate tax impact of their assets.
- People who are married, but do not wish their spouse or one or more of their children to inherit their assets.
- People who need more features in the Trust & Estate documents than SeedJura documents offer (please see “Benefits and Features” tab to see all of the features and benefits of SeedJura documents).
1. Durable Power of Attorney
2. Health Care Directives
3. Guardianship for Minors
4. The Will