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 also stay in effect even if the principal becomes incapacitated.
While estate planning is a complex process, the most important step is to hire 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. 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. 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. 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 to work with the different parties involved in the process and keep the plan updated. 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. 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 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