Reasons to Consider Hiring a Phoenix Estate Planning Attorney

While several people like the idea of handling their estate planning matters, it is not suggested. Considering the complexity of legal proceedings, having a professional by your side is best. Here are the top reasons a Phoenix estate planning lawyer can be handy.

Services Offered by Estate Planning Attorney:

• Will and Trusts
• Probate Attorney
• Estate Planning
• Power of Attorney
• Guardianship Attorney

Guardianship application processes can be challenging, and an attorney will counsel you appropriately to make it smoother. They will protect and safeguard your interests by creating efficient wills and trusts. One can get tailored solutions per requirement from a professional estate planning attorney.

It Saves Time and Money

Dying without a will means that state laws will decide the future of your estate. The probate court and processes may involve a lot of paperwork that can be tiring and time-consuming. No one can touch your estate while the court proceedings are on. But having a will beforehand can save both money and time. A will with the name of an estate executor can make the entire process smoother and more manageable.

It will Protect your Children

The absence of an estate plan will allow the legal court to appoint a guardian for your children upon the death of both parents. The court usually appoints a guardian, someone who is a family member. In the absence of a family member, third-party individuals like a family friend could step forward. Without both, the ward will become the state’s child. Contact an estate planning attorney today if you wish to decide well in advance.

Estate Planning Benefits you Too

It is suggested to distinguish estate planning benefits from only once you are dead. A durable power of attorney or health care proxy can be highly beneficial in case of permanent or temporary incapability of handling matters. One can appoint a family or friend on behalf of oneself to manage affairs independently.

Wrap Up

Earlier, people confused estate planning for the rich. It is not an option but a necessity that benefits all. So, it is better the sooner you get organized with your planning. Those who already have wills and plans must get them reviewed regularly to keep them updated. 

Doing the documents yourself can leave loopholes. Contact an experienced estate planning attorney and create customized solutions for you and your family. Remember to adapt to changing circumstances and protect your accumulated wealth with the right legal advisor.