It’s scary to think 50% of Americans don’t have a will.
Estate planning is crucial, setting up a peace of mind for you as you enter your elderly years. Most people don’t create a will because they are afraid to even think about the possibility of death. It feels like too big of a responsibility.
It’s important to know what’s going to happen to your estate after your passing. This is where the help of an estate lawyer comes into the picture.
You may be wondering what does an estate lawyer do. Keep reading below to find out.
Who Are They?
An estate attorney is someone who you can trust to help protect your estate after death or incapacitation. They’ll make sure your belongings and land are handled properly.
Not only do they help with your estate, they can aid in writing wills and trusts. They’ll also be there to answer any questions you might have along the way.
It’s also a good idea to hire an estate lawyer when you have a handful of family members trying to get involved in your legal affairs. It can be hard to make everyone happy when making a will. Having an estate lawyer will help you make the best decisions when it comes to distributing your wealth.
If you’re a beneficiary of someone, you can hire an estate lawyer if another beneficiary contests the will. It can be heartbreaking to see an estate mishandled after someone’s passing.
Typically, they are either hired for a flat fee or hourly as needed. Do your research, and know your options. Trust your gut when hiring someone, and don’t be afraid to find someone else if you get a bad feeling.
Why Is It Important?
Estate planning is crucial, especially if you’re older, experiencing chronic illness, or just want to protect your assets.
Growing older can present a long list of stress and responsibilities. You may worry your estate will be taken advantage of by creditors once you pass or that your children won’t fairly distribute your assets.
Much of this stress is taken away from you by having the help of your estate attorney. This way, you’ll be able to experience a higher quality of life once you’re older. You won’t have to live every day with worry.
Brush off the stress, take a deep breathe, and go on the trip you’ve always dreamed about.
It’s Time to Stop Asking, “What Does an Estate Lawyer Do?”
Legan jargon gets thrown around all the time, including the talk of estate lawyers. You now no longer have to ask yourself, “What does an estate lawyer do?” All the information is above!
An estate lawyer is great to have around when planning and writing your will or in case someone tries to contest the will after death. They’ll also aid in distributing the wealth, protecting your property from creditors, and lowering estate tax.
Do you have more pressing questions about law? Check out our site for many more quick reads to help give you the information you’ve been looking for.