Services an Estate Planning Lawyer Can Provide
There are many estate planning services that a lawyer can provide. An estate planning lawyer like one from McCarthy Law, LLC is familiar with the many complex laws and knows the strategies for creating an effective and personalized estate plan for clients. If you need assistance with making an estate plan that serves your interests and values, you can turn to a top-rated and dependable law firm for assistance. They can give you the legal advice that you are searching for so that you can secure your assets and future.
Making a Will
Many people know what a will is, but actually making one can be an intimidating process. A will can be difficult to approach, and you may not know where to start. While you can create a will on your own, you can choose to have a lawyer assist you throughout the process step-by-step. They can review your paperwork and check your will so that it is accurate and free of mistakes.
If you have certain individuals such as family or other loved ones that you would like to pass your assets to, a lawyer can help you designate beneficiaries. Naming beneficiaries in your estate plan can make the distribution process easier. This leaves no room for interpretation and simplifies the process. The court and your loved ones won’t be left wondering how best to divide your assets if you have named individuals in your plan.
Determining Ways to Lower Taxes
Estate taxes can be a hassle to deal with, but an estate planning lawyer can help you reduce the amount of estate taxes that you owe. There are effective methods that can lower your estate taxes. This can be done through several means, such as by providing gifts to family, donating to your favorite charities or organizations, setting up a trust, and shrinking down your estate by sharing your assets. An estate planning lawyer can look over your estate and find the best ways you can reduce your total taxes owed.
Updating Your Estate Plan
Once you make an estate plan, you should not just leave it at that. It is important that you update our plan every once in a while, such as after major life events or if you change your mind about part of your plan. The lawyer can help facilitate the change and make sure that all of the documents in your plan are up to date.
You can count on a firm such as McCarthy Law, LLC to provide you with quality legal support. For more information, schedule a consultation with a trusted estate planning lawyer now.