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 appoints someone to make decisions on behalf of a principal, who is not physically or mentally capable of doing 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.
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. This is why it is important to find someone with extensive experience in the 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. Most law firms offer initial consultations for a fee. During this time, the lawyer will review your estate planning needs and assess whether they are a good fit for you. You should request a quote if a potential candidate is available to meet with you in person. Then you can decide if they are worth your time.
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. The documents should be accurate and compliant with state and federal 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.
A lawyer who specializes in estate planning should be able to provide you with the proper guidance for your specific 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.
A will can be simple or complex. For example, a will sets out how your assets will be distributed if you die. 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