Are you considering the prospect of wills and estate planning in Richmond? This is obviously not the most pleasant of subjects, and it’s understandable that many people delay this for as long as possible or don’t deal with it at all. But there are more benefits found than problems caused by making arrangements well in advance for the dispersal of one’s estate. The advantages of early estate planning include:
reduction or elimination of estate taxes for heirs making it easier to set up trusts for heirs or create “legacy” charities protection of assets If a decedent leaves no formal instructions for the dispersal of his or her property, then generally the state in which he or she resided makes that determination. States have neither the time nor the inclination to try to determine the wishes of a person who can no longer express them, and usually leave estates to the “closest available heir”. This solution can leave a lot of dissatisfied “heirs”, and may not reflect the desired intentions of the decedent. Early and proper estate and will planning spares a lot of people a lot of headaches and heartache later on.
Should I Have Professional Help With This Planning?
It is possible to put together a DIY legal document concerning Personal Injury Attorney, but this is not advised. Such documents can very time consuming and confusing for the uninitiated to prepare. For these reasons, “homemade” wills often contain errors which can take years to unravel in probate court. Law firms are a great place to locate estate and planning lawyers, which are often now known as “personal” lawyers. Personal lawyers can also include business, divorce, and family law as well as be a personal injury lawyer in Richmond. In addition to being well versed in general law, all of these lawyers have received specific training and certification in their areas of expertise.
How To Know That I’m In Good Planning Hands
your lawyer can provide referrals
your lawyer can provide proof of accrediation
your lawyer is transparent about fees and billing practices
your lawyer both asks you and encourages your asking questions
How Else An Attorney Can Help With Estate Planning
Even if you feel that you’ve got a pretty “airtight” document, wills can still be tripped up by issues like beneficiaries vs. heirs, wills that weren’t updated, or elements in a will that can be contested. Resolving these items can be expensive in terms of both time and money. So that you can make sure that your last instructions and wishes are both clear and followed, hire the right legal firm. Their help will not only allow you to move on to more pleasant matters. The right firm can help you with business and family issues, as well as help you find the right Divorce and Child Custody in Richmond.
