When it comes to estate planning most people know that it's something they should do, but many people still procrastinate in this area. According to Caring, the number of 35 to 54-year-olds with a will has decreased from 37% in 2019 to 22.5% in 2021. Ignoring estate planning responsibilities can have negative consequences in your family's life, though. If you feel intimidated by estate planning, you can talk with an estate planning lawyer to help. Let's learn more about working with this type of professional.
An estate planning lawyer is a legal professional who will assist individuals with planning for their end-of-life arrangements. This can often include many different types of details, many of which have to do with your money and your personal affairs. An estate planning lawyer will have the knowledge, skills, and resources to ensure that all of your personal details are put in order and arranged in such a way as to reduce stress for your family and decrease the need for any of your affairs to go into probate following your death.
A lawyer can help with financial planning to ensure that certain end-of-life tasks are paid for. This can include funeral planning. It can also include insurance questions and planning. Most importantly, an estate planning lawyer will help ensure that the proper person is identified as the executor of your estate and that all the necessary paperwork has been filed correctly. This will help ensure that upon your passing the executor of your estate will have full access to everything they need to deal with your finances, insurance, and end-of-life arrangements.
Yes, another aspect of estate planning is custody when minor children are involved. It's crucially important that you have an estate planning lawyer assist you with creating the proper paperwork and legal documents to imbue the right individual with the care of your minor children. Without this legal documentation in place before your death, the care and custody of your children could come into question.
These are just a few ways that an estate planning lawyer can help you. If you're looking for legal professionals in your area to help with end-of-life planning, please contact our team today at The Law Offices of Antoinette Middleton.
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