You don’t need to accumulate immense wealth to start estate planning. Also, it is a common misconception that creating an estate plan is all about having a will. Yes, Wills is a critical part of your plan, but there’s more to plan than just how people, especially your family, will inherit your assets after your death. If you are wondering where to start, you can check the
website of any top estate planning law firm in Pennsylvania to get a quick appointment. In case you are wondering whether hiring an attorney is a good idea, here are five solid reasons to consider.
• You can get everything in order: While you may find considerable information on how to create a DIY estate plan, filling those documents without understanding every aspect of your decisions can be a terrible mistake. Attorneys are there to customize everything, right from choosing an executor for your will to deciding on guardianship. The lawyer is also aware of the state and federal laws and ensures that your estate planning documents are notarized and legally binding in all circumstances.
• You don’t have to worry about compliance. With years of experience working in the industry and serving clients with different needs, estate planning attorneys know what it takes to create a plan that’s in sync with current state laws. They can ensure that you are compliant and don’t commit mistakes that can otherwise jeopardize your plans.
• You don’t have to worry about legalese. The truth is most people don’t understand legal language and everything else related to estate planning laws. The DIY approach often fails because there is no clarity on whether the documents actually express the wishes of a person. Lawyers are there to discuss every detail and will find ways to add precision to your paperwork.
• Your estate plan will always be up-to-date. Estate plans are not written in stone. As your life changes with time and circumstances evolve, you might have to revisit the documents and make changes. You may need to amend the plan or create a new one. DIY providers cannot help you with all that, but your lawyer is your trusted aide to honor your wishes.
• There is a trust factor involved: Unlike an online service that allows you to make a will, an attorney will actually take an interest in your life and will be there in person to answer your questions. If something goes wrong, the lawyer is the person your family can turn to for advice and help.
Call an estate planning lawyer now!