The Benefits of Using An Estate Planning Attorney
An estate planning attorney, also known as a probate lawyer or estate attorney, is qualified and experienced law professionals having a comprehensive understanding of both state and federal laws which affect your estate. Estate planning involves making financial decisions on behalf of your family, after you die, in the event of your death. There are several things that you should do, prior to death, to ensure your estate will be distributed as you would want. These include setting up an estate plan through an estate planner, making medical care plans, purchasing legal property and keeping your estate in trust. An estate planning attorney can assist you with these tasks and help you manage your assets following your death. Learn more about White Plains Estate Planning Attorney.
There are several tasks that must be completed prior to the distribution of your estate. Once your death has occurred, your estate planning attorney will draft a Will. Your Will be in charge of distributing your assets equally among your loved ones (including any minor children) according to your Will. You can choose to have your Will prepared by a local attorney or you can utilize a law firm that provides this service nationwide. A qualified estate planning attorney will assist you with filling out the proper forms, preparing your documents and making sure they are executed correctly. Your attorney can also assist in the insurance application process and help you decide who will receive your belongings following your death.
Additionally, some estate planning attorneys offer a complimentary consultation to help you determine if this is a wise course of action for your family. If you would rather handle the details yourself, some estate planning lawyers can assist you with this as well. These attorneys can provide tax counseling and financial advisor services to help your family make the most of their inheritance. Many people who hire such an attorney opt to do so because they can guide them through the complicated world of estate planning. It is always best to seek the assistance of a qualified attorney who can answer all of your questions and provide you with sound legal advice.
The Law Offices of Thomas J. Lavin
50 Main St 10th floor, White Plains, NY 10606
Phone No: (914) 490-4444