A legal estate planning lawyer is known to be involved in every stage of the process from the inception of the decedent’s will, to probate, and beyond. An estate-planning lawyer can even be referred to as upon an individual to assist someone with power of attorney regarding their estate through the legal process of probate. In fact, even if there are no assets for probate, an estate plan will still be beneficial. An estate plan will enable the decedent’s family members and beneficiaries, to properly maintain the estate, as well as to avoid incurring unnecessary debts to others. Do you want to learn more? Visit Estate Planning Attorney in Centerville.
While an estate planning lawyer can be used to create an appropriate legal estate plan, this does not mean that they can be used to handle all financial matters. Rather, the plan will include provisions for taxes, investment and estate planning, as well as other aspects such as wills and health insurance. Therefore, it is essential to employ an attorney who is familiar with the laws governing the particular area being handled. These individuals will also be able to assist the decedent’s immediate family with matters concerning the estate as well as their own needs.
An estate planner can be hired to assist an individual plan to make sure they have all the financial resources they need should they pass away. Although the attorney will not be handling all the money related to the decedent’s decedent life, he or she will be in charge of managing the assets after the decedent has passed. If the attorney believes the decedent’s will was inadequate or did not provide adequate funding or assets for his or her dependents, then these individuals may need to obtain funding through private sources. This includes obtaining life insurance or securing a loan. An estate planner can also counsel people about estate taxation, probate trust administration. He or she can even provide legal advice about selling a house, purchasing a property or taking care of a mortgage if it is necessary.
Amicus Law Firm
520 N Marketplace Dr #200, Centerville, Utah 84014
Phone Number: 801-544-6466