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What An Estate Planning Lawyer Can Do

Posted on October 21st, 2022

Estate Planning

Estate planning is a vital instrument in ensuring that the wealth someone worked hard for during their lives is left to someone they wish to hand it off to. According to an estate planning lawyer Des Moines, IA from the Law Group Of Iowa, estate planning also takes care of a variety of other issues too that may arise from someone’s passing away. A good estate plan can also set certain things in motion when someone is unable to make sound decisions on their own. This document is something that can bring about peace and fewer worries when the time comes for its purpose.

Wills and Trusts 

There is quite a bit of confusion about the difference between a will and a trust. Furthermore, some people decide to write a will and others decide to set up a trust. The difference between these two things is that a will sets up the process for how assets and property will be dealt with when the person the will is for dies. A trust is different from a will in that it is a document that establishes someone to hold a legal title to the assets and property of another person. A lawyer can go over more details regarding both of these things and provide guidance for which one they advise to be established.

Help With Probate and Other Issues

Probate can be a lengthy process. When someone doesn’t write a will then their estate will have to pass through probate court. The court will decide who gets what and may resolve some other essential issues. Even if someone does write a will but doesn’t put clear guidance in the will for what to do with assets and property then this could cause a large issue in probate court. Make sure to speak with your lawyer who is doing your estate planning to learn even more information and details about probate and how to ensure your estate plan allows your family to not have to go through a lengthy ordeal in probate court.

Other Assistance From a Lawyer

Estate planning can be made easy by a lawyer who specializes in it. These types of lawyers understand the different issues that can arise when people don’t have a will or fail to set up their will properly. They also know about the different nuances that may arise and how to smooth these types of things over. Overall, an estate planning lawyer can make things remarkably easier for clients and allow them not to have to worry about their finances and assets before they pass away.

Professional Help

Professional assistance can be obtained from lawyers or professionals who work in estate planning. Estate planning doesn’t have to be a difficult thing to do and getting it done sooner rather than later is advised. In this way, the family can be set up for success both now and in the future if something happens to a family member.

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