Reasons to Hire a Will and Trust Attorney in Chandler
If you want to create a will or trust, you should hire a will and trust attorney in Chandler. Discover the reasons why here.
In the United States, 68% of people do not have a will. With everything going on in the world, it is now more important than ever that you have an estate plan to plan for the unexpected. If you want to create a will or trust, you must hire a will and trust attorney in Chandler.
Do you want to learn more about why you should hire an estate planning attorney and what services they can provide for you?
Keep reading this guide for everything you need to know about hiring a living trust attorney and why their services are important.
Keeps Your Documents Up-To-Date
One of the biggest reasons you need to hire an estate planning attorney is to keep your important documents up-to-date. While it is important to create an estate plan, you will likely have to change and update your plan throughout your life.
This is because you will have many life changes that can affect your assets, your beneficiaries, and other aspects of your estate plan.
If your wishes or circumstances change, your estate planning attorney can help you update your estate immediately. If you wait too long, you may find that your estate does not accurately portray your wishes after you pass.
Estate planning law can be very complex and the laws are constantly changing. While you may be tempted to create your will and trust on your own, this can lead to many errors. If you don't create your will and trust in compliance with state regulations, it can lead to many problems distributing your estate after you pass. It can specially affect your taxes.
However, your estate planning attorney has expert knowledge about estate planning laws and regulations and will ensure that your plan meets all of these requirements!
Hiring an estate planning lawyer can also help you avoid probate. This is a lengthy and expensive process used to transfer an estate to the rightful heirs. It includes locating and assessing each of your assets, paying taxes and debts, and distributing the rest of the estate.
This probate process is much more complicated when there is no will that states your last wishes. It is also more difficult if your will wasn't authenticated.
However, your estate planning lawyer will ensure that your assets are designated to specific beneficiaries and can help you avoid the probate process.
Prevents Estate Planning Mistakes
A will and trust attorney can also help you prevent many common estate planning mistakes. Estate planning can take a lot of time and effort and may require you to gather important documents.
If you are not familiar with the estate planning process, you may find that you make many mistakes that affect the designation of your assets after you pass. Your estate planning attorney can help you identify and resolve any errors in your estate plan so you can still fix them while you are alive.
For example, they will ensure that you have finished the process and created an adequate estate plan. This will make sure that you have not left any assets out of your estate plan and that your estate plan is kept up-to-date with your life changes.
They will also ensure that your estate plan is filed completely and meets the legal requirements that will enable your beneficiaries to receive your estate once you have passed.
Your estate planning attorney can also provide you with objectivity during the estate planning process. Estate planning can be emotional and stressful, especially when you have difficult family dynamics to consider. Estate planning can be especially challenging for blended families.
An estate attorney can offer you objective advice to help you plan the best course of action for your future.
Rather than listening to the different voices of your family members, your estate planning attorney can provide you with a direct and unbiased response to any of your questions.
Provides Many Services
Everyone has different needs when it comes to end-of-life planning. Estate planning attorneys offer many services, so you can find someone that meets your exact needs.
For example, you can find an estate planning lawyer that specializes in living trusts, trust administration, probate, power of attorney, and more. This way, you can feel confident that your lawyer will be able to help you, no matter your circumstances and regardless of your wishes when you pass.
Protect Your Family and Assets
Finally, your will and trust attorney can protect your family and your assets and will ensure that your wishes are met. When you pass, you want to make sure the people you care about most are in good hands. You also want to ensure that your assets are given to those that deserve them.
Your lawyer can help you create a good estate plan to ensure that your loved ones get everything they deserve after you pass. The estate plan may include a living trust, a will, and even a power of attorney.
An estate planning attorney will also ensure that the right language is used in your estate plan to ensure that your wishes are actually met.
Looking for a Will and Trust Attorney in Chandler?
A will and trust attorney can provide many services to protect you, your family, and your assets. Hiring a will and trust attorney in Chandler will ensure that all of your wishes are met once you have passed and can help you keep all of your information up-to-date.
Contact us today to learn more about our services and to schedule a free consultation, click here. If you prefer to call please call (480)565-8020.