why should i hire an attorney for estate planning

by Janice Bernier 6 min read

  1. They Will Ensure Your Loved Ones Are Protected Estate planning is a very delicate matter. ...
  2. They Will Reduce Your Tax Liabilities Federal estate taxes can eat into your assets. ...
  3. They Will Help You Avoid The Probate Process If you don’t leave behind a solid estate plan, your loved ones may have to go through the probate process to ...

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Hiring an experienced estate planning attorney can prevent you from making any errors when planning your will. They will be able to guide you through the legal processes without stress or strain. Deciding where your assets should go and when they should be accessible to people can be a difficult decision.Aug 3, 2021

Full Answer

What is an estate lawyer?

An estate lawyer is trained in matters related to passing on your assets after you die, and planning for situations where you can no longer care for yourself. They are experts in wills, trusts, and your local probate process. Some estate lawyers may also have specialties, like planning the succession of a business.

Who is Derek from Policygenius?

Derek is a personal finance editor at Policygenius in New York City, and an expert in taxes. He has been writing about estate planning, investing, and other personal finance topics since 2017. He especially loves using data to tell a story. His work has been covered by Yahoo Finance, MSN, Business Insider, and CNBC.

Online Will Tools Fall Short

Do it yourself online will services that make it “easy” for you to draft your own will cannot properly advise you on the impact of each decision you make, nor can they make recommendations based on your specific needs.

A Will Tailored for You

An estate planning attorney can help you determine what documents you need. You may need, or want, a durable power of attorney, health care power of attorney, and a living will. All of these options will be discussed with you during a consult with one of the estate planning attorneys at Helms Robison Lee & Bennett, PA.

Why do people hire estate lawyers?

Most people hire an estate law attorney to avoid probate. If you end up having to manage this process of fighting over the validity of legal documents anyhow, you’ll want to double down on your attorney investment to help ensure the probate process goes well for you.

What to do when someone passes away?

When people pass away, many of them worry about how their loved ones will get on without them. An estate law attorney can take that pressure off of passing and give you, your loved ones, and friends the peace of mind that comes with knowing everything will transition as expected .

Should I be careful about my legal documents?

When it comes to your livelihood landing in the right hands, you can never be too careful about the quality of your legal documents. That’s why many people hire estate legal professionals to review their already drafted documents to see if they can find any holes in them.

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