What is the Role of an Estate Planning Attorney?
Want to hire a Saint George estate planner? You aren’t the only one thinking about these professionals. Getting your affairs in order can be an important concept, whether you have real estate, or just a few collectibles at home. Despite what you might think, estate plans are somewhat different from a standard will, although, both remain just as important as the other. So, what role does an estate planning attorney have?
Assisting Clients with Estate Plans
A Saint George estate planning attorney can handle a variety of tasks associated with estates, trusts, and wills. However, their main role is to assist clients create a viable estate plan and update or make changes when necessary. Most estate planning attorneys will sit you down and go over all known assets. They will then determine if you wish to create a trust for minor children or a spouse. And some attorneys will organize medical, financial, and business-related matters. For instance, if you were unable to decide because of a medical matter, that person would do so.
Advise You on POA’s and Guardianship of Minor Children
As said above, there may come a time when you’re unable to make a medical or financial decision. That could mean a power of attorney (POA) is necessary, learn more about POA at https://www.gov.uk/power-of-attorney. Despite what you might think, this is only ever activated when it’s determined necessary. For example, if you were to fall into a coma and a medical or business decision had to be made, your power of attorney would make those decisions. A Saint George estate planner can help you decide who may be a suitable choice for you.
A Saint George estate planning attorney may also look to raise the issue of guardianship of minor children or a disabled relative. For instance, if you were the surviving parent of a minor child, you could set out guardianship of the child. It works the same for a disabled or incapacitated relative. This is an important aspect to consider and something which most attorneys will help you determine too. click here to learn more about Saint George estate planner service by clicking here
Updating Your Current Estate Plan
Circumstance’s change. One minute you are married with two adult children and the next, you’re divorced with a new partner and a baby on the way. It’s important your Saint George estate planner or attorney updates your plan when circumstances change. This is something what most estate attorneys will do and can at your request. Some attorneys will review your plan every so often anyway which is important, to say the least.
Get the Best Help for When the Worst Happens
Let’s be honest, you never want to think about leaving your family or being unable to be with them because of a medical matter. Unfortunately, accidents happen all the time and they could well cut short your time with them. While you don’t want to think about these things, there may come a time when you do. It’s essential to think about estate planning, even if you don’t have a lot of personal property at home. Speak to a Saint George estate planning attorney if you’d like to know more about this subject.