If you have been exploring estate planning, you’ve probably come across estate planning attorneys, but what are they?
First of all, they are attorneys who help you lay out a plan for what happens to your estate when you pass or become incapacitated.
Simple enough, right? Well, not necessarily. Their job may sound straightforward, but a lot goes into an estate plan. And if an estate plan is not thorough, your final wishes might not be executed, which can leave your loved ones bearing a lot of stress.
What Does an Estate Planning Attorney Do?
Estate planning attorneys specialize in state and federal laws related to trusts, wills, power of attorney, and asset distribution.
While estate planning attorneys aren't required to take additional schooling or certifications than regular attorneys, they typically come with years of experience in the field.
Hiring an estate planning attorney is very beneficial. They can act as a consultant and guide you through the intensive process of estate planning.
Estate planning attorneys will make sure your estate plan includes all relevant information so your loved ones get the most benefit. Besides this, estate planning attorneys can:
Draft a will
Set up trusts
Assist in designating beneficiaries
Help save money on taxes if possible
Establish power of attorneys
Defend loved ones if your will is contested
Is an Estate Planning Attorney Necessary?
You are not legally required to hire an estate planning attorney. So, no, it’s not necessary by law, but we highly recommend doing so. Estate planning is important, but it's even more important it's done the right way.
Virtually everyone can benefit from hiring an experienced estate planning attorney. As mentioned before, overlooking things may prevent your final wishes from being carried out.
Are You Looking for an Estate Planning Attorney?
Our experienced estate planning attorney can thoroughly outline the steps you need to take, and all documents will be accurately completed. Don’t wait — contact us today to speak with an estate planning attorney.