What Kind of Lawyer Does Estate Planning?
An estate planning lawyer can draft a power of attorney (POA) and an advance health care directive (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 "principal" is the person who creates the POA. The power of attorney can be effective immediately or upon the principal's incapacity. It can be retained even after the principal becomes incapacitated.
Although estate planning can be complex, it is worth hiring an experienced estate planning lawyer. Estate planning is more difficult than other legal issues. It requires dedication on the part of the client. This level of service is what makes an attorney the best choice for you. This is why it is important to find someone with extensive experience in the field. A skilled and experienced lawyer can help you protect your assets so they last longer.
Do your research to find the right attorney for your estate planning needs. Most law firms offer initial consultations for a fee. During this time, the lawyer will review your estate planning needs and assess whether they are a good fit for you. If a potential candidate is willing to meet with you in person, you should ask for a quote before the meeting. You can then decide if you want to move forward with their services.
While many people use online estate planning services, it is advisable to hire a lawyer with extensive experience in estate planning. This way, the attorney will be able to provide you with the right advice. Documents should be accurate and in compliance with federal and state law. The attorney should be able and willing to collaborate with all parties in the process. A qualified attorney will also be able to advise you on a unique family or financial situation.
An estate planning lawyer should be able to provide the right guidance for your case. They should be able to help you set priorities and put in place the necessary documents. A lawyer can help you with trusts and wills. If you have a strong family, there is no need to hire someone to create a trust.
A will can be simple or complex. A will, for example, describe how your assets will be divided if you are no longer able to do so. 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