Are you planning for the future and want your loved ones to know how your assets and affairs should be managed? Hiring an estate planning lawyer helps prepare for your family's future. If you're asking yourself, "what is an estate planning lawyer?" or want details about how to choose an estate planning attorney, we have you covered below! We're proud to be your guide to help make things go as smoothly as possible.
What is an Estate Planning Lawyer?
It's a licensed attorney who specializes in end-of-life planning. What does an estate planning attorney do? They'll help get you through the estate planning process and any laws that can affect things like the transfer, taxation, and disbursement of your estate. Your estate planner will create a customized plan based on your needs. They'll assist with tasks like:
- Preparing a will or other estate planning documents
- Identifying your beneficiaries
- Establishing limited and/or durable power of attorney (POA)
- Creating plans for long-term care
- Determining the best type of trust for your needs
- Establishing trusts to protect and transfer assets before and after your death
- Working with a financial advisor to reduce estate tax burdens
- Identifying ways to avoid the probate process
- And more!
How to Choose an Estate Planning Attorney
Finding the right estate planning attorney can be time-consuming, but choosing carefully is essential to ensure that everything goes smoothly. It's best to work with a law firm or experienced attorney in estate law, state and federal tax planning, and trust administration. Having an attorney helps avoid oversights or gaps that could cause problems after you're gone. To find the right estate planning attorney, ask friends, co-workers, or family for references, or contact your employer and ask if they offer legal plan benefits that help you get in touch with a network of experienced estate planning attorneys. You can also do some online research and find reviews of the top attorneys in your area.
Learn More About Estate Planning Today!
If you want additional information or more resources about estate planning, we have you covered at IntentGen. Feel free to contact us for more information. We work hard to help plan for your future and help make things go as smoothly as possible.