Thinking about death, especially your own death, can be uncomfortable. Add to that the issue…
The Value of Working with an Estate Planning Attorney
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As you engage in the estate planning process, it can be difficult to know where to begin.
That’s why it can be so helpful to work with an experienced Ohio estate planning attorney—one who allows you to navigate complex issues related to living trusts, wills, general and durable power of attorney and advance healthcare directives, among many others.
Why hire an estate planning attorney?
Although it is possible to set up a will online, the one-size-fits-all approach is rarely appropriate for most Ohio families. In fact, you run the risk of making some key mistakes that can cost you significantly in the years ahead.
Estate planning attorneys enable you to distribute your assets and property to your loved one as you see fit. They know how to negotiate the often-complex legal framework associated with living and last wills. Some of the matters with which an estate lawyer can assist include the following:
Specifying beneficiaries in a last will
Ensuring assets get distributed per your wishes
Establishing who possesses power of attorney, which is critical if you were to become incapacitated and unable to make decisions for yourself
Creating a cohesive last will and testament, reducing the likelihood that someone tries to challenge it after your passing
Setting up your funeral and burial arrangements to reduce stress for your family members and friends
A tailored strategy for your estate planning needs
When searching for an estate law attorney, try to find a professional who takes the time to listen to your needs and goals, and then develops a strategy that works best for your specific situation. Any estate plan you establish should take all your life circumstances into account, including your marital status, children, total wealth and potential charitable contributions. A truly skilled estate planning lawyer will explain the options available to you and enable you to gain full peace of mind regarding the future.
Ultimately, working with an estate planner gives you and your family the assurance that you would not otherwise be able to achieve as you grow older. You may clarify exactly how you would like to distribute your assets so there are no questions or arguments among your loved ones following your death.
A qualified estate law attorney can also help you update your plan as needed based on major life changes. For example, it’s important to revisit your estate planning documents if you get divorced, enter a new marriage, have a child or experience a significant change in your income—good or bad. Working face-to-face with an attorney may also reduce miscommunication and gives you a means to discuss any potential concerns upfront.
If you would like to learn more about setting up wills, trusts or other mechanisms as you plan for the future, consult a skilled estate planning lawyer as soon as possible. It can be a great way to preserve more of your wealth and ensure you are taking care of your beneficiaries using the most effective means possible.
For answers to your estate law questions, reach out to a reputable Ohio attorney at Seif & McNamee, with conveniently located offices in Waverly and Chillicothe.