An estate planning attorney is a type of attorney who specializes in helping people organize their assets and estate so when they pass on or become unable to care for their personal estates, the properties and assets will be distributed or taken care of as the owner wishes. People often hire an estate planning attorney when they do their living wills or when they are planning on passing down their property to other family members, although you can hire this type of legal professional for other reasons as well.
Here are reasons to hire an estate planning attorney for your needs. You don't want to wait until family members are left with your assets and you're not around to help disperse and organize things to have this type of thing done. Your family members will appreciate you taking the time to hire an estate planning attorney while you are of a sound mind to do so.
You're planning all your other end-of-life things
Are you already planning for the payment of your funeral? Are you working on your living will and letting family members know who gets what or what you want done with your estate when you pass on? You need to include estate planning as part of this venture as you settle your end-of-life needs. Your estate planning attorney will be the one to assess the current market value of your estate and will also ensure the appropriate taxes are applied to everything when it all changes hands, so this is a major thing you need to make sure you handle now.
You're having family disputes over your estate already
It's difficult to deal with all the other things you have going on with your legal and financial affairs to then have to deal with disputes over your estate as well. Make things much easier on everyone and have an estate planning attorney be the one to handle everything so family members don't have any immediate personal involvement with your affairs. Your will and other estate planning efforts should also make it very clear who gets what and what value the estate carries overall, so you can have all your bases covered.
The sooner you invest in an estate planning attorney for your needs, the better. You want to ensure your estate is managed properly when it's time to sell or disperse it and the right legal representative will make it easier to do so.
Contact an estate planning attorney today for more information.