Estate Planning Attorney Milwaukee
Documents & Paperwork: If you, like most of us, dread documents and paperwork then don’t worry. An estate planning lawyer will help you with all of the legalese so that all you have to do is go over your plans and sign in the right places. Most St Louis estate planning lawyers will draw up all of the paperwork you need and often get it notarized when necessary. Essentially, they handle the really tricky part of estate planning for you. Decide on a Type of Trust: Depending on you, your estate, and your beneficiaries you may need a number of different types of documents. For example, you might need a living trust, which essentially creates an entity of your possessions and property. This type of trust goes on living after your death and is moderated by a person of your choosing, until it matures. A living trust is the best way to go if you want to ensure that your estate is moderated and used with care after your death, or if you want to ensure that your beneficiaries only receive your estate under certain conditions. On the other hand, if you just want to tell the government who should get your estate, you may be better off with a will. A MKE estate planning attorney will help you with this information so that you can choose the best option for your needs and situation.
Power of Attorney: Your lawyer can help you with choosing and creating a professional power of attorney. While you do have to choose someone that you trust, your lawyer can help you with managing the paperwork and legally setting someone up as your financial or personal attorney. This person will manage your affairs and your estate should you become incapacitated.
Store Paperwork: Finally, an estate planning attorney in Milwaukee can help you with storing and handing out paperwork after your death or incapacitation. This should include storing all of your important documents such as deeds of property, bonds, and other financial information in a place where your power of attorney can access it.
While an estate-planning attorney is not for everyone, many people, especially those with medium to large size estates, find that it is significantly easier to hire one than to do without. While there are other options, an attorney is the best option for anyone who wants the legal matters to be handled by a professional.