Why Work with an Estate Planning Attorney
- Posted on: May 30 2021
If you’re planning your will, ready to create a trust, or want to put other estate planning documents in place, you should work with an attorney who is experienced in this area. There are a number of reasons why you should turn to an estate planning attorney instead of trying to put together these documents yourself.
They Know Specific Estate Planning Laws
It may seem easy to simply go online and download a basic will template, but that template is very generic. It may not cover areas that are specific to your state. It may also not touch on things that are unique to your estate. Online forms also may also be incorrect or outdated. Creating a will using one of these templates can result in a few issues. Your will may not provide clear instructions for all of your estate. It’s also possible that if the form is incorrect, the probate court will declare the will null.
Working with an estate planning attorney ensures that these possibilities do not occur. Your documents will be legally binding and will cover everything. When you die, your estate will be divided exactly as you outlined in your will. These legal experts may also have recommendations that you didn’t consider or weren’t aware of.
They Can Help You with Alternative Estate Planning Solutions
While a will is the right estate planning tool for most people, it’s possible there is another option that will work better for you. You may need to create a trust to ensure that your children are taken care of, or you may want to have some control over how your heirs receive their inheritance or what they use it for. You’re not going to be able to do this easily if you don’t have an expert to help you. The laws surrounding trusts are fairly complex, especially when it comes to how tax law applies to trusts. You need an expert to assist you with these more complicated estate plans.
If you’re ready to begin planning your estate, the FK Law Group is here to help. We have experience with wills, trusts, and other estate planning tools. Contact us today to arrange a consultation.