Do you know what’ll happen to your estates when you’re gone?
People often make the mistake of not hiring any Probate lawyers to secure their estates. That’s because they associate estate planning concerns with old age rather than thinking of them as a move to safeguard the future.
The truth is that if you’re in charge of a sizable estate then you must consult a probate attorney as soon as you can.
What Do Probate Lawyers Do?
Plenty!
From managing estates, dealing with debts to handling your wills― your probate lawyer can assist you in multiple ways. Think of them as a voice of wisdom that ensures that you make all the right decisions when it comes to making estate plans.
Not only do they make estate planning feel like a breeze for you in the present. But they become your trusty advocates in the future too.
Here’s a list of some of the reasons why you should hire a probate lawyer:
1. They Protect Your Family’s Rights
Did you know? Missing out on the tiniest detail during your will/estate plans can cause a lot of discomfort for your family. Not only does this error give others a leeway to exploit your estates, it may also create trouble within the internal family affairs.
More often than not, distant relatives might be eyeing your property. And they won’t lose a second to claim their share as soon as you pass away. This is where probate lawyers come in and shield your estates from greedy souls. They ensure that your property gets passed on to the rightful owner and the transaction goes through the proper channel.
In this way, nobody can take advantage of your family’s weak position.
2. They Look Over Your Estate Plans
What if you don’t have a family?
You will still need legal help to make sure that your business and estates get transferred to their rightful owner.
Plus, you might have created a trust or plan to donate a large sum to your favorite charities. The probate lawyer makes sure that the hand over process runs smoothly and people follow your conditions. Otherwise, there is a fair chance that a distant next of kin or the government takes over your assets without your will.
3. They Won’t Let Your Family Face Lawsuits
It’s an open-secret that lawsuits are ugly and emotionally exhausting. You don’t want your loved ones to face this situation in the wake of your untimely death. More importantly, you wouldn’t want them to squander away your assets because you forgot to designate an heir for your property.
Now, this inevitable scene won’t transpire if you’ve already consulted an estate lawyer. In the imminent future, your lawyer will step in before the family fights escalate and turn into lawsuits. Rest assured, the probate lawyers stop your near and dear ones from stepping into courtrooms.
4. They Fix All Legal Issues
From guardianships, trusts, wills to your unattended debts there are many things that might crop up during your estate planning. Your personal probate lawyer is responsible for going through all the legal papers and documents through a finely toothed comb. That means, they will highlight and pinpoint all areas of concerns before you sign the dotted lines.
Like the fact that you might be held accountable for taxes in regards to your foreign assets. Or even falling under a estate exemption tax trap right here in America.
Furthermore, if you expire before paying your debts then the probate lawyer takes over the transaction. So that your grieving family is not harassed by money lenders and shareholders whose debts haven’t been paid.
5. They Are Your All Rounder Legal Aids
Admit it. Handling legal matters is pretty tricky. The legal jargon and technicalities aren’t that easy to understand let alone managed.
What’s worse? Sometimes you might unwillingly get roped up into signing off things against your will. This leads to your family paying a high price for your carelessness.
With a probate attorney by your side, you minimize the risks of signing off the wrong documents. Additionally, their expertise helps speed up the probation process.
They also prevent your wills and legal documents from getting:
- Denied or disqualified by the judge due to errors
- Delayed by third-party involvement (e.g. banks, organizations, etc.)
- Tampered or changed by miscreants
In short, these trusty advisors guide you through the technicalities of the legal system.
To Sum It Up…
In the end, it’s important for you to hire a good probate lawyer. Otherwise you might put your estates in jeopardy. The key here is to contact a probate lawyer that can get your estate and legal documents in order and answer all your queries regarding the transference process.
2 Comments
It’s nice that you mentioned how a probate lawyer could make sure that your property would be received by the correct owner and the transaction goes through the proper channel. It seems my grandfather wants to write a will but it looks like he is having some issues with it. I think it would be best if he consults with a law firm for his will.
It’s nice that you talked about how a probate lawyer could ensure that your property gets passed on to the rightful owner and the transaction goes through the proper channel. I was reading one of my older’s brother’s books earlier and I read some parts that talked about probate. From what I’ve read, it seems some probate lawyers could even offer probate procedure representation services.