Why,You,Need,Lawyer,Help,With, law Why You Need a Lawyer to Help You With Estate Planning
Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi
Nobody ever thinks they are going to die before they are ready to but the reality is people die every day in the United States who didn't think today was going to be their last day. The leading five cause of death in 2007 were heart disease, cancer, strokes, chronic lower respiratory diseases and accidents. Certainly some of those who experienced known medical issues may have been prepared for death but for others who suffered from undiagnosed medical conditions or died in accidents, there was likely very little warning of the actual day of death.If you die without a will, also known as intestate- your estate is open for anyone to make a claim against it and the government- not you will decide who inherits your estate. This means your children may not get what you intended for them to get and siblings or parents that you have no relationship with will be given a portion of your estate regardless of your wishes in life. A better way to ensure your wishes are followed and that the people you want to take care of are taken care of, is to have a lawyer who specializes in probate law draft your last will and then make sure your family knows about it and where it is located. A will does three basic things for you. It protects your minor children by appointing a guardian, it establishes an executor to carry out your will and it lets you dispose of your property as you see fit.No matter how simple your estate may be you will still want to have a lawyer draw up your will to ensure it has been done correctly and will stand up to any contest in court. Death tends to bring out the worst in people and your death intestate may bring out the worst in your family making friends into enemies as each one decides what you would and wouldn't want them to have.Even if you have a simple estate you may have complications that your lawyer can help you smooth out in your estate planning such as guardianship of your minor children. If you're a single parent or a parent in a same sex relationship that is legally not recognized. The laws have not kept up with the changes in our culture which means a same sex partner won't be afforded the same rights as a legal spouse in the event of your death to have any legal rights including planning your funeral, disposing of your belongings or even being present when your will is read if the family opposes it unless your will gives them those rights.Estate planning is about planning for your loved ones lives- not just planning for your own death and it should be handled with the assistance of a lawyer who can ensure your final wishes are legally documented and your loved ones are provided for accordingly. Article Tags: Estate Planning
Why,You,Need,Lawyer,Help,With,