Estate planning in Arizona: Should you get help?
Let’s agree that thinking about death is scary. However, you have accumulated wealth after significant hard work, and you would want to ensure that the people you love get their share. While people usually have a plan, they aren’t always sure whether they have done everything to ensure their wishes are carried out after their death. That’s where an estate planning attorney can help. A capable attorney from a top law firm, such as Wallin Hester, PLC, can ensure your family is protected. If you are in two minds about whether you need legal assistance, here are some things to know.
Understanding laws and legal options
You have to abide by the specific laws that apply to estate planning in Arizona. These laws are often subject to change, and more often than not, people fail to consider these options. Also, there are legal ways to protect your assets. For instance, you may want some assets to remain away from the probate process. With an estate planning attorney, you are in a greater position to make informed decisions. You can understand the best ways to plan your estate and how to avoid legal complications.
Handling the documentation
Whether you are planning to leave a simple document like a will or wish to have powers of attorney or a trust, your attorney will ensure the paperwork is done right. They can also help and guide you on the medical directives, which are necessary in situations when a person is incapacitated. With time, you may change your mind, and your lawyer can ensure your estate plan is updated so that your family and loved ones get your wealth as you have planned.
You can save money
Many people don’t want to consult an estate planning attorney because they are worried about the costs. More often than not, they end up paying a lot more due to typical mistakes. A number of law firms in Arizona offer estate planning services on a flat fee, depending on what the clients need. There is peace in knowing that your estate plan is made by professionals who care for your wishes, and more importantly, you haven’t missed any of the critical steps.
Final word
Contrary to popular belief, you don’t have to be 60 to plan your estate. You can start early, even when your wealth is limited, and as life and circumstances change, you can always go back and revise your estate plan. Your attorney will be your trusted partner along the way.
