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.
Although estate planning can be complex, it is worth hiring an experienced estate planning lawyer. Unlike other legal issues, estate planning requires a high level of dedication from the client. An attorney who is able to provide this level of service will be the most suitable choice for your needs. It is vital to hire someone who has extensive experience in this field. A skilled and experienced lawyer can help you protect your assets so they 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. The lawyer will evaluate your estate planning needs and determine if they are right for you. You should request a quote if a potential candidate is available to meet with you in person. 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 to work with the different parties involved in the process and keep the plan updated. 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, on the other hand, creates a relationship between the creator of the trust and a third party. 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