What Kind of Lawyer Does Estate Planning?
An estate planning lawyer who is skilled in estate planning can draft both a power-of-attorney (POA) and an advance directive for health care (ADH). A power of attorney is a legal document that appoints someone who can make decisions for a principal when the principal is unable to do so. The individual who creates the POA is known as the "principal." The power of attorney may be granted immediately or after the principal becomes incapacitated. It can also stay in effect even if the principal becomes incapacitated.
While estate planning is a complex process, the most important step is to hire an experienced estate planning lawyer. Unlike other legal issues, estate planning requires a high level of dedication from the client. This level of service is what makes an attorney the best choice for you. It is vital to hire someone who has extensive experience in this field. An experienced and skilled lawyer will be able to help you protect your assets and make them last longer.
To find the best attorney for estate planning, you should do a little research. Many law firms charge a fee for initial consultations. During this time, the lawyer will review your estate planning needs and assess whether they are a good fit for you. You should request a quote if a potential candidate is available to meet with you in person. Then you can decide if they are worth your time.
Although many people can use online estate planning services for their estate planning, it is best to retain a skilled lawyer who has extensive estate planning experience. The attorney will be able to provide the best advice. Documents should be accurate and in compliance with federal and state law. The attorney should be able to work with the different parties involved in the process and keep the plan updated. An experienced attorney can also help you with your unique financial or family situation.
A lawyer who specializes in estate planning should be able to provide you with the proper guidance for your specific case. They should be able to help you set priorities and put in place the necessary documents. If you need help with wills and trusts, a lawyer should be able to guide you through the process. If you have a strong family, there is no need to hire someone to create a trust.
A will can be simple or complex. For example, a will sets out how your assets will be distributed if you die. A will also names the executor of your estate, who will handle your affairs after your death. A trust is a trust that creates a relationship between trust creator and third parties. The trust's third party will manage your assets and distribute them to beneficiaries.
Matus Law Group | Estate Planning Attorney and Special Needs Trust Lawyer | Trusts Law Firm - New York City
222 Broadway Fl 22, New York, NY 10038, United States
(929) 412 1808