Planning Your Estate? Why You Should Designate A Probate Attorney
It's always a good idea to plan your estate. Not only does it give you the opportunity to lay out your burial wishes, but it's also a good way to ensure that the things you've acquired go to the people who mean the most to you. As you're planning your estate, you may believe that just putting everything in writing is sufficient enough to make sure that it gets done. However, if you want to increase the chances that your desires will be enforced, it's a good idea to work with a probate attorney. Read on below to find out why it's so beneficial for you to designate a probate attorney while you're in the land of the living.
Probate Attorneys Prevent The Goose Chase
When a person passes away, their beneficiaries are left with the task of locating any resources that the deceased may have acquired and splitting them up among each other. This can be a time-consuming process, especially if the deceased happened to have money tied up in a number of banks or assets.
You want to make things as easy as possible for those you leave behind by taking the "wild goose chase" aspect out of it. Instead of them having to spend money hiring an asset locator, you'll have a probate attorney already listed who is aware of each and every one of the financial investments you've made. Tell your lawyer how you want these things to be allocated to your beneficiaries so that each person will get exactly what it is you'd like them to have.
Emotions Can Run High After A Death Occurs
It's also important for you to understand that emotions can run high after you've passed away. There could even be a member of your family who is not too pleased with what they've been given. If they attempt to contest the will, money can be tied up in the court system for quite some time.
When you have an attorney that you've been working with, there will be little to no room for error. They will be privy to your wishes and can gather evidence to prove it. Your beneficiaries won't have to worry about waiting long periods of time to get what rightfully belongs to them.
It's a good idea to start up the relationship with a probate attorney sooner, rather than later. Then, when you list them as the designated attorney for your estate, there won't be a question as to their validity. Contact a knowledgeable law firm, such as DOUG NEWBORN LAW FIRM, PLLC, for more information about the probate process.