3 Reasons Why You Should Plan Your Estate With An AttorneyShare
When you pass away, you want people to remember your life, remember who you were and how much you loved them. What you don't want is for you to pass on and everyone fight over your belongings. Unfortunately, this is what typically happens, especially when there is a lot to fight over. Whether you have a lot to leave to your loved ones or you have very little, you should still plan ahead and plan your estate with an attorney so the fighting doesn't occur. Read on for a few reasons why you need to plan your estate with the help of an attorney.
1. To Execute Your Wishes Legally
If you have a wish to leave part of your estate to a foundation or charity and only a portion to one of your family members, rather than all of them, an estate attorney can help you draw up the proper documentation to make this a legally binding wish and to ensure this is how your estate is divvied up. No matter how you want to divvy up your estate, an estate attorney can help you plan this out so that it won't be contested or fought over.
2. To Prepare In Advance
If you are getting older in your years or you have a disease that could cause you to lose some of your mental capacity, you want to plan ahead for the years coming. You may not have time to do it later, you should plan ahead for the future and get everything in writing so your family doesn't have to do it all for you. It can take some of the work off of your own family if you have your affairs in order before you pass or before you lose some of your mental capacity.
3. To Avoid Probate
If you have your financial affairs in order before you pass away, your family can avoid having your estate put in probate and your finances are taken care. An estate planning attorney can help you figure out how to get your finances in order to prevent an issue such as this.
If you don't have a will planned or your estate planned yet, you should make an appointment with an estate planning attorney to have this all done for you. You should have a legally binding estate planned out for a number of reasons, including the ones listed above.