7 Reasons to Hire an Attorney for Your Will

7 Reasons to Hire an Attorney for Your Will

A Will is a document that ensures your assets are distributed to the individuals you select. This legal document will also identify who will serve as Executor to manage the process of transferring your assets to the beneficiaries. Unfortunately, a Will won’t avoid probate, but a Will can ensure that your wishes are properly carried

Do I need an estate plan?

Yes. Although many people believe they do not have enough assets to need an estate plan, some level of estate planning is important for everyone. A proper estate plan can provide protection and planning for temporary or permanent incapacity. Many estate plans also include a trust, which avoids probate, the lengthy legal process for transferring

What is an Estate Plan?

An estate plan is a collection of documents that provide instructions regarding your care if you are ever incapacitated and the distribution of your assets upon death. An estate plan allows you to provide for your surviving spouse, children, and aging parents; it allows you to choose one or multiple individuals you trust to make

Trust Funding

A Revocable Living Trust must be funded to fulfill its purpose. Trust funding means that the creator of the trust must retitle assets from their individual name, into the name of the trust. If there are no assets in the trust at the time of death, much of the value of the trust is lost.

Avoiding Probate

Avoiding probate is important but most people do not know why. There are a few problems with probate. First, it can be very expensive. Second, probate is a very lengthy process that can tie up property anywhere from six months to two years. Finally, probate is a public process where anyone willing to travel to