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 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. 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. 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. 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.
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 and willing to collaborate with all parties in the process. An experienced attorney can also help you with your unique financial or family situation.
An estate planning lawyer should be able to provide the right guidance for your case. A lawyer who specializes in estate planning should be able to help you establish priorities and place all necessary documents. A lawyer can help you with trusts and wills. There is also no need to hire a trust if you have a good family.
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. The executor of your estate is also named in a will. This person will manage your affairs after you die. A trust is a trust that creates a relationship between trust creator and third parties. The third party manages your assets and distributes them to the 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