Drafting a will and designating an executor are two fundamental steps in managing your estate, but it’s also beneficial to hire an estate lawyer to ensure your peace of mind. An estate lawyer will ensure that your final wishes are honored and that your assets are distributed according to your plans.
Here’s how an estate lawyer can help you both before and after your passing:
- Establish your estate. Firstly, an estate lawyer will help you understand your assets, debts, and special considerations, such as business ownership or international property. You’ll have a complete picture of your estate so that nothing gets overlooked.
- Draft your will. The main component of estate planning is drafting your will. An estate lawyer can help guide you through this process, which can include asset distribution, guardianship of minors, and any charitable donations you want to make. By the end, you’ll have a legally sound that will make your wishes clear and easy to understand.
- Select an executor. An executor is the person responsible for administering your estate after you pass away, so choosing the right person is crucial. An estate lawyer can help in the selection process and ensure that the chosen executor is capable and willing to take responsibility. They can also help you understand an executor’s duties and legal obligations.
- Comply with changing laws. Laws governing estates can change over time, but an estate lawyer can advise you on necessary updates that you should make to your will to comply with these regulations. This safeguards against legal challenges so that your will remain valid.
We want to give you and your family the clarity and peace of mind that you deserve. Contact us today to speak with an estate lawyer and ensure that your legacy is soundly protected.