An estate plan is an intertwined nexus of documents and instruments that provide for the safe transfer of your assets and wealth to your family and heirs. But properly drafting and executing all these documents requires specialized knowledge in a number of areas: tax law, estate planning statutes, business law, finance, and more.
Non-specialists will not recognize when they make a critical misstep or overlook an option that would be obvious to a professional. Mistakes in this area can be very costly and potentially drain your estate’s value before your heirs ever get to enjoy it.
Estate planning attorneys understand the complex federal and state tax codes, trust administration issues, and estate planning laws. They also have the experience to guide you through a nuanced conversation about your estate and wishes. They will make sure the plan is geared toward your actual goals and that it doesn’t leave out any vital protections.
Hiring an estate planning attorney gives you the confidence and peace of mind that your assets are safe and that your estate will transfer to your family and heirs in the most efficient way possible.