It’s easy to underestimate the importance of getting one’s affairs in order until it becomes too late. Some people are either too busy and preoccupied to consider what will happen to their assets after their passing, while some may simply choose to ignore it, considering it is not the most cheerful of subjects. However, when considering beneficiaries and family, there is a lot of work to be done to ensure that all assets fall into the right hands.
Some people may underestimate the extensive process that goes along with designating an estate after someone’s passing without a well set out plan. Without an estate planning attorney, these cases can be put in the hands of the court to resolve. Unfortunately, this involves plenty of extra work for family members.
They must attend multiple cou Continue reading
Although the law and those who work in it often get a bad rap, the fact of the matter is that the law affects all of our day to day lives, whether we want it to or not. From helping us draw up wills, to settling a divorce and custody rights, or going to bat for a cause we care about, lawyers and attorneys are a constant part of our society. If you think about it, the law provides us with structure and an easy way to settle disputes in a way that is fair to all parties. However, not enough people take advantage of the legal system — indeed, almost 60% of people who were asked if they had a will, had said that they did not, simply because they hadn’t gotten around to it yet. You shouldn’t be thrown off by large statements like “allocation of counsel fees incurred”–the right lawyer will help you Continue reading
Humans spend a lifetime accumulating wealth, assets, and family heirlooms. Depending on many factors the specific amounts and items will vary drastically, but there’s no denying the importance of a personal estate. Despite this fact, 51% of Americans between ages 55 and 64 and 62% between 45 and 54 don’t have a will or living trust of any kind. Obviously, no one expects today to be their last day on this earth, but accidents can happen at any given moment. Even if you survive there’s the chance you become incapacitated and unable to legally designate your estate.
For these reasons the importance of estate planning attorneys can be crucial to help you get started in dr Continue reading