Do I need a lawyer for estate planning?

1 Answer

Answer :

While it is not required by law, it would be in your best interest to hire one. This is due to the fact that even one error can be tragic. Plus, some state laws are funny about who to trust and it would be best if they knew the information was prepared by a pro.

Related questions

Description : What are the functions of an estate planning lawyer?

Last Answer : An Estate Planning Lawyer helps establish power of attorney, of a living trust, and the health care plan to protect you while you are alive. The person will also work with you to make a will as to sau who hets what to those you leave behind.

Description : Does every estate have the need for a probate lawyer?

Last Answer : No not every estate needs one. If the size of the estate is very modest and no one will contest it because it it straightforward then the matter can be handled in probate court where the judge ... challenged by someone then by all means get an attorney. He may save you years of legal nightmare.

Description : Questions to ask a Real Estate Lawyer?

Last Answer : answer:Here's a guide on selecting a good lawyer. Lots of good questions! Here are the questions for reference: How to Find a (Good) Real Estate Lawyer by Sue Caskey Attorney, Sue ... surprised at how a fruitful relationship will develop. This person will have connections that can benefit you.

Description : Is it necessary to hire a real estate lawyer while purchasing a house?

Last Answer : It is not that compulsory to have an attorney while buying any kind of property, If you know all the legal aspects of the papers the builder or reseller, in case of resale property, ... states what all necessary documents are required from the builder's side before selling that type of property.

Description : How Can an Attorney Help in Estate Planning ?

Last Answer : Estate planning attorneys can help you avoid probate court altogether, but that largely depend on type of assets in the deceased estate and how they are legally allowed to be transferred. The estate ... reduce and avoid estate tax when possible 7. Finding ways to avoid the probate court process.

Description : Why is Estate Planning Important and Who Requires It?

Last Answer : Estate planning is important because:- 1.Estate planning saves time and money. Estate planning is important for everyone, no matter their age or wealth. 2. Estate planning avoids taxes and legal tie-ups ... family to ensure that your whishes and needs are met if you are unable to speak for yourself.

Description : Which mistakes in estate planning can make the entire effort wasted?

Last Answer : Estate planning mistakes are :- 1. Naming only one adult child as beneficiary of life insurance or financial account, including an IRA. 2. A minor should not be named the direct beneficiary ... executor or trustee might result in North Carolina law and the clerk of court determining the successor.

Description : Are there any importances of estate planning?

Last Answer : Estate planning is important because it ensures your home, finances, and other assets are taken care of following your death, allowing you to provide for your family even after you are gone.

Description : Estate Planning Worksheet for Married People?

Last Answer : Get StartedThe Estate Planning Worksheet for Married People is designed as a worksheet to lead you through the thought process that is required to prepare a will. This worksheet can be used for both ... , you can use this worksheet to prepare for a conference with an estate planning lawyer who

Description : What tools are used for estate planning?

Last Answer : "There aren't any physical tools used in estate planning, it's just the various parts of the estate that need to be accounted for, such as the will and the designation of the beneficiaries." ... require many tools, aside from the forms for various trusts and properties that the estate owner has."

Description : Estate Planning and Will Writing?

Last Answer : form_title=Plan for Your Estate and Complete a Will form_header=Having a will in place and an estate plan will help for a smooth transition . Do you have all your legal documentation already prepared?= () Yes () No Describe your financial assets?=_ How many members are there to your estate?=_

Description : Attorney for Estate Planning?

Last Answer : form_title=Hire an Attorney for Estate Planning form_header=Formalize and legalize the plans for your estate by hiring a local attorney to draw up the documents. Have you had legal documents drawn up before? ... like to schedule an appointment for?=_ What types of property will need to be divided?=_

Description : Where can I get help with elderly estate planning?

Last Answer : When considering estate planning, one should contact an estate planning professional. An estate planner should be certified and have a degree in law, finance or accounting. You should try to find an estate planner who specifically has experience in elderly estate planning.

Description : Why it's important to hire an estate planning attorney.?

Last Answer : Thinking about one's own mortality is not a very pleasant experience and one that a lot of people tend to try and avoid. However, despite the natural aversion to it, it is a topic that ... in need of estate planning services, please do not hesitate. Reach out to an estate planning attorney today.

Description : Do I need a Lawyer?

Last Answer : answer:There were two lawyers at our closing. One for them and one for us. Closings are very complex. You want to make sure you don’t agree to something that could really hurt you. I’d have a lawyer.

Description : Do I need a lawyer to evict a tenant for not paying rent in Washington dc?

Last Answer : I would probably begin by contacting law enforcement. I know nothing else specific about this problem however.

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Description : Do you need a lawyer for a DUI in California?

Last Answer : I am no legal expert. From what I understand, if you are charged with a criminal offense and cannot afford a lawyer the court may appoint a public defender. There are people on here who know a lot more ... . Hopefully they will see your question. I will try to do a search and see what I can find.

Description : Do I need a lawyer to help fill out a patent application?

Last Answer : The patent process is a very long and expensive process. To fully protect your rights it is advisable to have the help of an attorney, but at least in the initial phase it is not necessary.

Description : Do I need to hire a lawyer if I get audited by the IRS?

Last Answer : There is no way to tell how much you will owe after an audit. Hiring an experienced tax audit lawyer can work through problems that may arise after the audit.

Description : Do I need a lawyer before I accept a workmans comp settlement?

Last Answer : If you are agreeable to the terms of the worksman's comp settlement then you don't need an attorney. However, if you are concerned your interests are not being met then you should consider hiring an attorney to represent you.

Description : Do I need a lawyer to make a living will?

Last Answer : You do not need a lawyer to make a living will. There are actually many sites online that you can go to. Just search the term "living will".

Description : I am in need of a lawyer that will take on a case for suing a medical insurance compnay on my behalf. Can you help me?

Last Answer : Call Macdonald Law Offices 150 W 5th St, Winnemucca, NV - (775) 623-2517

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Description : Do I need to see a lawyer before I sign the standard lease agreement?

Last Answer : You can see a lawyer to look over your standard lease agreement or you can checkout these sites I found for you to take a look at. Here are the sites www.ilercampbell.com/blog/2011/09/signing-a-commercial-lease , www.tennlegalaid.com

Description : What degrees in law do you need to be a lawyer?

Last Answer : If you aspire to become a lawyer, the basic degree to seek would be the bachelors degree and Juris Doctor degree. For something more advance, seek the specialist degree.

Description : Do I need a workmens comp lawyer?

Last Answer : The first thing I would do is contact a workmans comp lawyer. A situation such as yours could be very difficult to handle properly without an experienced professional to assist you.

Description : What kind of license do I need to sell commercial real estate in Oregon?

Last Answer : Each state has specific requirements for the education and licensing of real estate professionals. In Oregon, the Oregon Real Estate Commission makes those determinations, which you can read in detail ... take additional classes in the area and to intern with a commercial real estate professional.

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Description : I am the beneficiary of an estate, do I need to hire a trust attorney?

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Description : What type of training do you need to be a real estate broker?

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Description : To become a real estate agent do I need to go to school?

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Description : What kind of lawyer deals with renters’ matters?

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Description : In light of Trumps ex-lawyer Cohen’s secretly recording Trump’s conversation(s) do you feel lawyers should be punished by losing their law license forever?

Last Answer : Please restate for clarity. Do you mean should lawyers who do that be punished? or just Cohen? or all lawyers?

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Last Answer : Sorry. Had to fix the order of the links.

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Description : Can you be a traffic or television judge without passing the bar or being a lawyer?

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Description : Child custody-without a lawyer?

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Description : How long before this lawyer in India gets disbarred?

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Description : Do you have to go to law school to become a lawyer?

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Description : Have any of you tried to file bankruptcy on your own without a lawyer?

Last Answer : hello darkness my old friend….