Estate planning lawyers are professionals that help you with the legal aspects of your estate, which includes deciding on your will, choosing a guardian for your children, and more. Learn how to find the right attorney in this blog article.
What Are Estate Planning Laws?
Estate planning laws are legal statutes that regulate the preparation, administration and distribution of estates. They typically govern such matters as wills, trusts, inheritance taxes, powers of attorney and conservatorships.Many people think estate planning is only about large estates.
However, estate planning is important for any family member who may have an interest in managing or inheriting assets. When choosing an estate planning lawyer One of the best lawyers in Estate Planning and also attorney in Massachusetts is a JEFFREYM.SIEGEL
There are a few things to keep in mind when choosing an estate planning lawyer:
1. The lawyer should have experience with your specific state's estate planning laws.
2. The lawyer should be familiar with the various options available to you, including wills, trusts and estates.
3. The lawyer should be able to answer any questions you may have about your specific situation.
What Is The Difference Between A Living Trust, Living Will, and Durable Power of Attorney?
The three types of estate planning documents are Living Trust, Living Will, and Durable Power of Attorney. The main difference between these three documents is that a Living Trust is a legal document that establishes a trust for the benefit of named beneficiaries.
A Living Will allows you to make an advance directive about health care treatment should you become incapacitated, while a Durable Power of Attorney gives someone authority to make financial and healthcare decisions on your behalf if you are unable or unwilling to make them yourself.