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 "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.
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.
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. If a potential candidate is willing to meet with you in person, you should ask for a quote before the meeting. Then you can decide if they are worth your time.
While many people use online estate planning services, it is advisable to hire a lawyer with extensive experience in estate planning. The attorney will be able to provide the best advice. The documents should be accurate and compliant with state and federal 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. 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.
An estate plan can be a simple document or a complex set of documents. For example, a will sets out how your assets will be distributed if you die. The executor of your estate is also named in a will. This person will manage your affairs after you die. A trust, on the other hand, creates a relationship between the creator of the trust and a third party. 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