If you’re wondering if you need an estate planning attorney, you may get several different answers, depending on whom you ask. For instance, if your estate is small or doesn’t have many complications, you may be able to devise all of the information pertaining to your estate on your own. Yet, for many individuals, navigating the complexities of details relating to one’s estate proves overwhelming. Thus, when in doubt, it’s best to contact an experienced estate planning attorney to give your family peace of mind in the event that something happens to you. Whether you need advice on dividing your assets, creating documents that ensure your wishes are fulfilled, or if you want to guarantee that specific instructions are followed if you become sick, an estate planning attorney has the capability to help you plan ahead.
The following documents are commonly drafted and reviewed by an Estate Planning attorney:
- A Final Will and/or Testament
- A Power of Attorney
- A Medical Durable Power of Attorney
- A Trust
- Designations relating to Beneficiaries
While Estate Planning attorneys work to make sure that all of the affairs relating to your estate are in order, they also ensure that all documents are valid. This is important, because your final wishes cannot be enforced otherwise.
Sound Planning For The Future
When you’ve worked hard to earn and build wealth, it’s important to acquire sound planning for the future that will eliminate or minimize conflict. Estate planning not only encompasses how your estate is inventoried, it determines its value, disperses it, and considers how it will be taxed in the event of your death. Legal advice pertaining to each estate is individualized, as there is unique legal advice pertaining to your situation.
With a sympathetic approach, the attorneys at Shepard, Plunkett, & Hamilton, LLP develop customized solutions that involve smart estate tax planning and complete asset protection. For trusted legal guidance, contact one of our estate planning attorneys today.
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