5 Reasons to Hire an Attorney for Estate Planning
By: Solid Serenity Legal Solutions
Estate and family legacy planning today comes in many varieties and forms. And, the places to find estate planning resources are just as plentiful. Some people try to save a buck by using an online document farm, or by finding forms and doing their planning themselves.
Though, often, any plan is better than none, you should really consider having a professional attorney who is knowledgeable in estate and family planning prepare your documents. Here are 5 reasons to hire an attorney to do your estate plan.
(1) Your Documents Will Be Valid
Laws surrounding probates and estate planning can change often. The probate laws of the state you live in guide your attorney’s recommendations about your plans. When you use an attorney you can be certain the attorney will apply the specific laws of the state you live in to your plan.
(2) Your Documents Will Follow Your Wishes and You Can Update as Needed
Estate planning documents are complex and can be confusing. The online and do-it-yourself mazes can cause misunderstandings. These misunderstandings may lead your documents to come out saying something entirely different than you really wanted.
Estate attorneys can walk you through the process and fine-tune your documents to your specific goals and needs. Having a live person to speak to and work with can really mean wonders for meeting your goals.
Also, having an attorney you know, trust, and like on hand means you will be ready to update your documents when big life changes occur and can rely on them for advice on the best ways to update your documents.
If you do not have an estate plan, or your plan winds up being invalid because you did not properly follow your state’s laws, your family will have to spend time and money going to probate. And, the state will likely decide for your family who gets what in the court proceedings.
(3) You Can Get Advice About Titling Assets and Choosing Beneficiaries
Many people assume you make your estate planning documents and that’s the end of it. It’s not. If you have a trust, your trust is only as good as what you put in it.
In our experience, online and do-it-yourself plans don’t instruct clients very clearly on how to title their assets to avoid probate. If the assets aren’t titled properly, the estate plan will fail.
A properly trained attorney can tell you exactly what you need to do, how you need to do it, and can even title your assets appropriately for you if you need them to. Learn more about probate here.
(4) You Will Have Professional Documents
Many online documents are merely forms that are filled out the same way and spit out the same way by hundreds of people. They are not individually tailored to you. Moreover, many of these forms require witnesses not related to you and notarization of everyone’s signatures.
With an online shop, you are left to figure out how to line these witnesses and notaries up for yourself. An attorney will provide you with the appropriate witnesses and notaries to make your documents comply with your state’s laws.
(5) You Will Have a Continuing Relationship
Easily the most important part of having an attorney do your estate plan is your ongoing relationship. Once an estate plan is completed, it is in place for many years. If you ever have questions or concerns, you have someone you can rely on that you can ask.
Often, the attorney will also be available to your family when they need to follow your plan. Your attorney, who is familiar with your plan and wishes, can guide your heirs through the plan and any processes seamlessly.
If you need an estate plan, call today to hire an attorney for your estate planning needs.