Their total worth assets. A lawyer explains why it is important to employ estate planning professionals to prepare documents like testamentary trusts or wills. Additionally, the reasons the advantages of online services as compared to them. One of the main benefits of hiring an estate planning lawyer is that it will avoid the cost-intensive probate procedure. The lawyer will ensure that the distribution process (probate) is smooth rapid, swift and exactly like the person who made the request.
Another benefit is the fact that documents online or similar DIY alternatives may not take into account changes to legal requirements. Lawyers can help keep the estate plan’s documents current and is available for amendments if necessary. In addition, lawyers who specialize in estate planning perform a comprehensive assessment of assets and assist testators navigate federal and state tax laws so that most of their estate is distributed directly to the beneficiaries, and not the state. Last but not least, estate planning lawyers can serve as a trusted resource and advisor to those who are beneficiaries in the event of death.