One of the challenges we all eventually approach is composing a will. We all have ideas about who we would like to gift with our assets after we pass away, and executing a will is how we put those wishes in writing. Some people with considerable assets may feel more comfortable working with an estate lawyer. In the end, the reality is that if you don’t execute a will, your remaining assets will go into probate.
According to Forbes, probate is the legal process that helps administer your assets after you die. Probate takes place when wills and deeds are not legally executed by a person who has passed away. During the probate process, if a family member believes they are being unfairly treated (due to incapacity or undue influence), it may result in a contested probate. Probate, which proceeds with agreement from every family member, is uncontested.
According to Legal Zoom, your probate questions might include how long the probate process might take and whether the attorneys foresee any problems resolving the probate. Most people want to know if the lawyer they’re talking to is the one who will be handling the probate process.
If you’ve ever wondered what those “will” terms mean, you’ve come to the right place. If you’re planning out your will and asking questions like “Are heirs and beneficiaries the same thing?” or “Can a copy of a will be probated?”, this article will help you find clarity and eventually help you find answers to as many questions about writing a will as you may have.
The first thing you want to do when it comes to will planning is to get family lawyers or a family lawyer, depending on how large your family is. This is important because a family lawyer has the professional background to help you navigate the legal intricacies and any challenging family dynamics that may occur on the way. They will readily help you plan out the wills and deeds, including the disposition of property in a will when you are no more.
You’ll find that when you have the right support, planning out a will is not as difficult as it may seem. Family lawyers and even wills attorneys can help you with the documents that this process will require.
In the United States, a lawyer or attorney, by definition is a person who practices law as an advocate. Essentially, they strive to help individuals with many different problems that they may face in life. They fight for the American people. They work hard, and they do their best to achieve a positive outcome in their cases. Attorneys exist for a variety of situations. If you’re a homeowner you may need an attorney for legal services involving your home. If you’re an elderly American citizen, and you’re writing a will, you may need a lawyer to assist you. Lastly, if you need to begin estate planning, you’ll need an attorney. If any of these situations apply to you, here are the types of attorneys you may need. Additionally, here is what you need to know about these attorneys.
Real Estate Attorneys
A real estate lawyer has the experience and expertise to prepare and review documents that relates to real estate. This could be purchase agreements, mortgage documents, title documents and transfer documents. However, many of the cases real estate attorneys accept and work on relate to the purchasing, selling, and refinancing of a home. Benefits come along with hiring a real estate lawyer.
Experience and Expertise: As mentioned before real estate lawyers have experience and expertise. Needless to say, you do not know everything there is to know about buying, selling, or refinancing a home. You do not want to spend all of your precious time attempting to educate yourself on topics that are, for the most part, complex and somewhat difficult to understand. When you hire a real estate professional that does know these topics (and in detail), you’re saving yourself time. This is definitely true for contract reviews as they can be filled with legal jargon. You also know that you can possibly have the best, positive outcome for your case, because of a real estate attorney’s experience and expertise.
Help With Closings: Closings, whether you’re buying or selling, can be overwhelming and frightening. Real estate lawyers will assist you with all the vital steps (preparation of closing papers such as the deed, title to the property passes from the seller to you, and you pay the balance of the purchase price, etc.). A real estate attorney will help if you have any last minute questions during each process. They can also handle any disputes over costs, or if something goes wrong during the process of a closing.
Elder Law Attorney
First, elder law is considered a new development in law because of the rise of life expectancy in the United States. Elder law attorneys handle a wide range of legal matters for senior citizens, the disabled, and their families. It is important to note that asking your elder law attorney questions is imperative. Make sure you ask him or her questions that pertain to how much experience or expertise they have, what organizations do the lawyer belong to, and anything pertaining to fees or rates.
Knows How To Help Senior Citizens: A elder law attorney, has a concentration and practice in the legal needs of seniors, and only seniors. Therefore, she or he will know exactly how to help you in your case.
Tools: An elder law lawyer has the tools and techniques needed to meet the goals or objectives of older clients.
Takes Everything Into Consideration: A elder law attorney will use a holistic approach in his or her practice and legal advice. He or she will consider each key issue facing senior citizens. These are (but not limited to), housing, financial well-being, health and long-term care, and autonomy/quality of life.
Wills And Estate Planning
There are specific lawyers for wills and estate planning. In a way, they can possibly go hand in hand.
More Than Just A Will: So, you have your will written out, you went through the process in its entirety and consulted a lawyer. However, you need more than just a will, you need an estate plan. This is where an attorney comes in. They help you with the documents and the process.
Save Money: A lawyer will help you save money through tax and financial benefits.