Wentzville, Missouri Estate Planning Lawyer
As sad as it is, death is a natural part of life and that is why having an estate planning lawyer in Wentzville, Missouri is important. We all have an estate, as it is by definition everything that you own which includes property, vehicles, jewelry, stocks, and money. What happens after you die though? That is where an estate plan comes into place, and why a lawyer is going to be vital to making sure your after-death instructions are easy to follow for your family.
The planning process can be overwhelming, emotional, and stressful and that is why going at it alone isn’t in your best interest. Hiring a lawyer like a dedicated member of the team at Legacy Law Center is important.
What is an Estate Planning Lawyer
This is the type of lawyer that you may know as just an estate law or probate lawyer. They help in the estate planning process by putting your wishes for incapacity and death into writing. They will make sure that you are presented with options to ensure your coals are carried out after your death.
As well as the ability to help you with planning, these lawyers have the knowledge of state and federal laws to make sure everything upon your death is taken care of. This can be anything from how your estate is inventories to how to take care of taxes after death.
What an Estate Planning Lawyer Handles
It seems fairly straightforward that the estate planning lawyer is going to handle the planning. Because it can be a complicated process here are what some of the essential job duties of an estate planning lawyer are:
- They help with the creation and implementation of legal documents such as wills and trusts
- They designate beneficiaries and establish a durable power of attorney
- They meet with relatives and close friends of those involved with the estate
- They organize and arrange the transfer of assets to the rightful heirs and beneficiaries
- They develop solutions to rescue taxes or fees imposed on the estate
- They establish restrictions, when necessary, on the estate to ensure the deceased wishes are carried out properly
- They handle retirements plans, life insurance policies, and charitable contributions
As you can see they handle a massive amount of information. You could handle most of it on your own, but the process can be overwhelming. This is why having a lawyer on your side is going to reduce the amount of time you spend planning for your estate after death. Unless you have a law degree it is in your best interest to contact a lawyer for help. Even those who have law experience can often use another lawyer to make sure everything is done correctly and there are no easy mistakes made.
If you are thinking about crafting a will or just what to do with your estate then consider contacting an estate planning lawyer in Wentzville, Missouri. You shouldn’t have to do this process alone, as it can get overwhelming quickly. If you have more questions don’t hesitate to reach out to the team at Legacy Law Center.