Planning what will happen after you’re gone is an important responsibility. An estate planning attorney can guide you through the process, saving your loved one’s both headaches and heartache down the road. As you get your affairs in order, here are some key ways having a legal expert on your side pays off.
Protect What Matters Most
You worked hard for what you have. An estate planning attorney helps ensure your life savings and most precious possessions end up in the right hands when the time comes. They assist with writing legally binding wills, creating trusts to reduce taxes, and other strategies to distribute your legacy how you want without unnecessary bureaucratic hurdles for your family.
Make Difficult Decisions Easier
No one likes to think about their demise or make healthcare decisions for unknown scenarios. But imagine if you suddenly couldn’t make or communicate your own medical choices. An estate lawyer has you covered there too. You can formally name someone you trust to advocate health-related directives on your behalf. Outlining your wishes clearly ahead of time brings comfort that your care aligns with your beliefs if the need arises.
Maximize What You Leave Behind
Between state and federal taxes, the government takes a cut of estates upon one’s death. Without proper planning, they may take more than their fair share. An estate lawyer helps structure your assets and charitable giving in tax-efficient ways, ensuring you leave as much as possible to your heirs and causes you care about, not Uncle Sam. Every little bit counts when providing for future generations.
While not the most uplifting topic, estate planning brings peace of mind that you’ve put your affairs in responsible order. Having a knowledgeable estate planning attorney guide you through the intricacies ensures your wishes are legally protected long after you’re gone. When you’re ready to start the process, seek out an estate expert you trust to have your back. According to LegalZoom, only one-third of adults in the United States have created estate planning documents. If you’re ready to start creating estate planning documents, reach out to a local team today.