Estate Planning In Tampa If You Recently Moved To The Area

Tampa continues to be in the midst of a population boom, with new people continuously moving to the area. Whether you are drawn to the natural beauty, the abundant variety of activities to engage in, or the overall Gulf Coast lifestyle, we want to extend a warm welcome to your new home.

Amidst all the important tasks you need to attend to, we encourage you to put estate planning at the top of your list. Our Tampa estate planning lawyer provides the experienced, local legal representation you need to protect yourself, your family, and your assets. Find out more about common documents you may need to either update or create.

Tampa Estate Planning Documents To Create or Update After A Move 

While many people have left Florida in search of greener pastures, a December 2023 US News report states that record numbers of newcomers continue moving in. The exodus to the Sunshine State and other southern climes started during the COVID-19 pandemic and has continued ever since.

Whether you relocated from another state or a sister city, you may need some time to adjust. Changing your address, driver’s license, and other identification cards as needed is at the top of your to-do list. Estate planning in Tampa is important as well. Make creating an estate plan or updating important documents a top priority. This includes:

A Last Will And Testament

Your will lists all property and assets you possess, designates beneficiaries, details funeral arrangements and other final wishes, and protects the rights of loved ones in the Hillsborough County Court. If you already have a will, make sure it is updated to reflect the circumstances in your new life.

Powers of Attorney

This designates someone you trust to handle important business and financial matters on your behalf in the event an injury or illness leaves you incapacitated. Make sure the person selected lives in close proximity to Tampa.

Advance Directives

In addition to taking whatever steps are needed to switch health insurance and medical providers, Florida Health Finders also recommends putting advance planning documents in place. This includes health care power of attorney, authorizing someone you trust to make medical decisions on your behalf, and a living will, detailing your wishes regarding critical and end-of-life care.

A Living Trust

Florida remains one of the most popular places for older adults to retire. To protect your assets and ensure you get the comprehensive medical care you need in the years to come, consider creating a living trust. This allows you to transfer ownership of certain property and assets, ensuring Medicaid eligibility to cover nursing homes and other long-term care costs.

Request A Consultation With Our Tampa Estate Planning Lawyer

For trusted, local legal guidance in protecting yourself, your loved ones, and your assets after a move, contact Bubley & Bubley, P.A. We can help you create or update important legal documents you need as a Tampa resident. Request a consultation with our experienced Tampa estate planning lawyer today.

Sources:

usnews.com/news/best-states/articles/these-states-are-bringing-in-more-residents-than-theyre-losing#:~:text=The%20states%20with%20the%20largest,and%20North%20Carolina%20(82%2C160).

quality.healthfinder.fl.gov/report-guides/advance-directives#:~:text=The%20law%20recognizes%20the%20right,and%2For%20to%20indicate%20the

medicaid.gov/