why you need an estate planning attorney

Estate planning is very necessary to maintain financial security and bring peace to your family. An estate planning attorney can assist you in this matter and help with everything. You can easily meet the budget and need by hiring an estate expert. Will

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What makes a good estate planning attorney?

Aug 20, 2020 · If you have children that suffer from addictions, mental instability or relationship problems, an estate planning attorney can help you protect your assets and their inheritance. Issues such as substance abuse, chronic debt, gambling addiction and poor choice of friends need to be isolated from an endless supply of money.

Should I hire an estate planning attorney?

Oct 21, 2021 · Estate planning is very necessary to maintain financial security and bring peace to your family. An estate planning attorney can assist you in this matter and help with everything. You can easily meet the budget and need by hiring an estate expert. Will . An estate planning attorney will make sure to create a will to whom the entire property and assets will be …

What should you look for in an estate planning attorney?

To ensure that you take into account all such requirements and to avoid costly and frustrating complications, let us help you navigate the estate planning process. Contact our office now to learn more about how we can help and to get started on developing an estate plan for you and your family. Contact us online or call (407) 477-5046 today!

Do you need to hire an estate planning attorney?

Why You Need An Estate Planning Attorney. Creating an estate plan is a significant emotional event which, understandably, causes a great deal of anxiety in clients. Dealing with essential life circumstances surrounding death, taxes, assets and family situations can be frustrating.

Why is it important to have estate planning?

1. Protects your assets for your family (or other heirs) An estate plan can act as a safety net that helps preserve the value of your assets, minimizes wait times for disbursement, and helps ensure the legacy you envisioned is carried out.

What is the consequence of not writing a will and planning for your estate after your death?

A will is a legal document that spells out your wishes regarding the care of your children, as well as the distribution of your assets after your death. Failure to prepare a will typically leaves decisions about your estate in the hands of judges or state officials and may also cause family strife.

What is a second wife entitled to?

Your second spouse typically will be able to claim one-third to one-half of the assets covered by your will, even if it says something else. Joint bank or brokerage accounts held with a child will go to that child. Your IRA will go to whomever you've named on the IRA's beneficiary form, leaving your new spouse out.

How much does an estate have to be worth to go to probate?

Every state has laws that spell out how much an estate would need to be worth to require the full probate process—anywhere from $10,000 to $275,000.Dec 17, 2021

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.