An estate is a property and money possessed by a person, especially at his demise. An estate planning lawyer, also known as estate law attorneys, are highly experienced and licensed law professionals that can educate you on how an estate will be inventoried, valued, taxed and dispersed after your death.
Beside educating a person, the lawyer also assists with the following tasks:-
- Creating a legal will
- Adding the legal beneficiaries
- Finding ways to reduce estate tax, if possible
- setting up any trusts you might require to your valuable assets/possession.
The attorneys also prepare the power of attorney and healthcare directives that helps in arranging someone to take care of your affairs if you become incapacitated. The lawyers have your back and help you legally to avoid guardianship if you need any family member or anyone else to handle all the affairs.
Qualities of a Trustable Planning Attorney
- A general law practitioner may not have that exclusive experience and knowledge to help you during critical financial situations. So, you must take legal consultation from an estate planning attorney who:-
- is specifically practicing estate planning
- does make you feel uncomfortable in sharing every important and deep detail of your life.
- Stays up-to-date with all the laws of your state.
A good estate planning attorney can also be asked for guidance during the process of probate court. He can assist in avoiding the court. However, it very much depends on the type of assets in the estate of the deceased.
If you are one of those thousands of Australians who are searching "the best lawyers near me" on the internet, your search ends right here. SS Lawyers are highly experienced civil litigators that can assist you in estate planning with ease.
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