If you’ve decided, you need an estate plan you may be weighing the pros and cons of hiring an attorney. Although there are some people who prefer to go the “do-it-yourself” route, this isn’t always advised. This is especially true if you own a company or have a lot of assets.
For this post, we wanted to highlight some of the benefits of working with an experienced estate planning attorney.
They’ll be able to provide you with expert guidance
Estate planning is about more than just drawing up some documents. Your attorney will take time to get to know you. They’ll want to know about your family, your finances and your long-term goals. They can also help you understand the ins and outs of different types of trusts, the benefits of drawing up a medical power of attorney and they can also help you understand how a financial power of attorney works.
When you receive the guidance of an attorney, you’ll have the peace of mind that comes with knowing your state and assets will be handled according to your wishes. It will also help ensure that your heirs are cared for in the way you want. A DIY piece of software can’t do this.
You’ll have added certainty
Every state is different, and the laws in each state can differ from one to the next. It’s also worth noting that no two families are alike. If you’re thinking about going the DIY route, you should know that estate planning software is more of a one-size-fits-all option.
When you work with an experienced lawyer, they’ll be able to help you understand how the laws in different states work and they’ll be able to help you craft an estate plan that meets your exact needs.
They know how to navigate complex situations
If you need to create a living trust, this isn’t something you’ll want to do with an online tool. Living trusts are complex documents that need to be outlined properly. If you have significant assets and you want them distributed according to very specific guidelines, an attorney will be able to help ensure your wishes are followed to the letter.
An experienced estate planning attorney understands that no two estates are alike, and that each one needs to be handled differently.
Plans often need to be updated
Depending on the type of estate plan you decide to establish (ie: a living trust), your estate plan will likely need to be updated as your needs change. An estate planning attorney will understand how to do this properly.
Experts you can trust
At the Law Network PC we understand that all of our clients’ needs are different and that estate plans aren’t a one-size-fits all solution. When you work with our firm you can rest assured that we’ll work with you to craft a plan that works best for your needs today, and we’ll be here to help you update that plan should your needs change in the future.