It is a rarely discussed subject: estate planning in the event of my death. Beginning the process can be overwhelming. The YouTube video guides individuals in drafting the correct paperwork that dictates their wishes after they have passed away. The role of an estate attorney is to protect a client's best interests in the matter.
1) What is an Estate Attorney?
An estate attorney assists individuals with drafting and administering a trust or will. Their legal knowledge and experience can be an invaluable resource in planning for the end of your life.
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An estate attorney can assist with educating clients on the legality of transferring personal assets to beneficiaries under state law without delay. Having a legally-binding trust or will removes all potential conflicts and stress following a person's death.
2) How to Create a Trust or Will
Creating a trust or will is based on an individual's needs. However, the complexity of such a legal document requires the expertise of an estate attorney. They can assist in deciding which estate planning document (trust or will) is best for your needs, prepare the documents, and help choose the power of attorney of your estate. It includes legally identifying each asset's beneficiaries in the documentation. Also, an estate attorney has the experience of reducing the tax cost of your estate by creating a successful tax planning program.
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