Estate planning attorneys (or lawyers) are helpful in doing estate planning and after. During the probate court proceedings also, they play a vital role. They are experienced and licensed people who bring a thorough understanding of the laws.
How the estate will be inventoried and valued, taxed, and dispersed after the demise of a person would be a complex thing. It involves various technical and legal problems, that need the expertise of wills and estate lawyer.
Some broad areas where a lawyer can help are:
- Making of a will
- Designating beneficiaries and their respective share
- Establishing power of attorney
- Possibility of reduction or avoidance of tax
- Finding ways to avoid the process of probate court
- Setting of a trust if required, to protect the assets
- Understanding terms and glossary of the will
Whether you appoint an attorney by paying a flat fee or hire one on an hourly basis, there is no difference in his duties. A lawyer acts on your behalf to handle disputes and ensure that the will is carried out as per the plan.
An expert lawyer may help in avoiding the process of probate court. In case, it is inevitable to go to court, then he helps to resolve the matter as soon as possible.
He can be helpful in resolving the complex matter
Despite creating a clear-cut will, there are situations where disputes arise. Sometimes, the will is challenged by others. Sometimes, an unexpected claimant comes from nowhere and puts forward his claim. It is essential to call the best wills and estate lawyer in the town, who can quickly read the details and help.
At times, any of the beneficiaries or an individual who is not designated as beneficiary decides to contest the will. He sues the estate of the deceased person. If you also stand to benefit from it, the best thing is to call and consult an estate planning lawyer. It is important that the lawyer is expert enough to put the case assertively and take it up to the decision fast.
The earlier a case gets resolved, the less is the financial loss. Thus, the expertise of the lawyer is critically important. Experience is important a lot. A seasoned lawyer understands the case fast.
Call a lawyer, who gets appreciated by his earlier clients. Happy clients mean he is a good lawyer. All these tips are easy to follow and effective.
Tolis & Co Lawyers is a long-established Adelaide law firm with more than 20 years of professional experience. If you are looking help for wills and estates laws, then consult an experienced wills and estates lawyer in Adelaide or Mile End.