If you are thinking about hiring an estate planning attorney, keep this in mind – estate planning is serious and complicated. A single missing signature or one wrong word can result in the entire intent of a trust or will being altered. In addition to the possibility of these issues, some other reasons to hire an attorney for help with your estate planning can be found here.
Attorneys Understand the State Laws
State laws are specific regarding what can be included in a trust, will, or financial or medical power of attorney. They also dictate who is allowed to serve as the personal representative, attorney in fact, health care surrogate, and trustee. An estate planning attorney Louisville KY understands these laws and can help ensure you abide by them.
Buyer Beware Applies to Estate Planning
The old saying is applicable to estate planning. If you think you may save money by using forms you find on the internet or in a do-it-yourself book to prepare the documents, your family will likely be surprised when they discover that this part of your will, trust, or any other document isn’t valid or that it doesn’t provide the benefits intended. At this point, your family must spend money to work with an attorney to fix these mistakes that could have been avoided if an attorney had been hired in the beginning.
Finding the Right Attorney Matters
Remember, not all attorneys are created equal. You have to put in the time and effort to find the right legal representative for the job. Be sure to get recommendations and learn as much as possible about the service providers in your local area to find one who can meet your needs. Being informed is the best way to ensure that the desired results for your estate plan are met.