Why Hire an Estate Planning Attorney?
Estate planning is serious business. One missing signature here, or one ambiguous sentence there, and you can expect to run into plenty of legal headaches. Hiring a qualified and experienced attorney for your estate planning needs can be extremely beneficial. Their knowledge and professional experience can greatly aid you to navigate through the complicated process and minimize the risks of any costly mistakes. If you remain unconvinced, continue reading to know why hiring an estate planning attorney is a wise decision.
Estate Plans are Complex
Estate plans are subject to laws that can differ from state to state and can be stringent and complex in regard to what you can and cannot include in your will, who can be your executor or who they can appoint to stand in on their behalf etc.
Add to that, since every individual has their own wants, ambitions and goals, every estate plan is different. Generic templates or software are not up to the task to give you the results you want. Only with the help of a attorney can such a complex undertaking be completed quickly and in a satisfactory manner.
Errors are Costly
Lacking experience and knowledge, you can end up committing a great deal of errors while creating your will, trust or powers of attorney and they can be costly. Results could not be as anticipated, or part of the estate planning documents could be found to be invalid. Making these mistakes can incur thousands of dollars in legal and court fees. Hiring a attorney can help you avoid such risks.
The Probate Process
The US, like other common law countries, uses the probate process to carry out a person’s will. Probate can be a very lengthy and costly process. A qualified attorney can instruct on how to properly title your assets and avoid having to go through the tedious probate system.
Relationship with the Attorney
The best part of working with an attorney is the ongoing relationship you will have with them. As your needs change over time, they will be able to make the necessary updates to your plan. Furthermore, they will be there to help your heirs and beneficiaries through the plan.
If you are a resident of Cary, estate planning can be made simple and easy with the help of our Cary-based estate planning lawyers. To get in touch with a seasoned estate planning attorney in Cary, NC call (919) 900-4720 or email us at email@example.com.