Estate Planning Law Firm Sydney, MT
A Sydney, MT estate planning lawyer at Silverman Law Office, PLLC is committed to clients and always puts them first in what we do. We are available to meet at our Bozeman or Helena office for business, tax law, real estate, or estate planning assistance. You can rely on our knowledge and dedication to help you with an issue or concern that you have. When it comes to estate planning specifically, there are things you should know before getting started. Read on and consider the estate planning insight we have provided below, and don’t hesitate to reach out if you have questions! We are only a phone call or email away.
The time to begin writing is now
There is no time like the present moment. You may think that you don’t need to write an estate plan, but the truth is, most people can benefit from having these documents established. But unfortunately, many people wait too long and may pass away before their estate plan is complete. If you die without a will, then your estate is going to be distributed based on intestacy law by the court. So unless you don’t mind having the court handle your property and money, an estate plan is needed.
Pick your beneficiaries wisely.
Beneficiaries are people that you pick and include in your estate plan, along with which assets you want them to have after your death. But you should pick your beneficiaries wisely, as they should be people who truly care about you and would be honored to have a piece of your legacy to take with them into their futures. Beneficiaries can be friends, family, or charity organizations. As a Sydney estate planning lawyer would offer, who you choose to be your beneficiaries will be a personal choice and depends on the relationships you develop throughout life.
Keep updating your plan
Even once your estate plan is done, the work really isn’t over. You’re going to need to make sure that your estate plan reflects your current life, the assets you have, and the dynamics of your relationships. For instance, there are reasons that you need to edit your estate plan, such as if you are married, divorced, have children, or suddenly have a drastic change in your assets or income. If you don’t update your estate plan as life changes, you risk your assets being given to those that you no longer want to receive them.
Consult with us for questions
Everyone needs to have an estate plan, no matter what your age is or the size of your assets. With our years of experience and our desire to establish a connection with every client, we can earn your trust and help you handle even the most sensitive matters. You can believe us when we say that you and your family are our top priority, as we are in this legal field to help people. So if you want some support as you devise your estate plan, we are ready to offer guidance. Call a Sydney estate planning lawyer from Silverman Law Office, PLLC to have your questions answered!
