If you and your family face the possibility of a divorce and it is in your best interest to have a plan in place to handle the property and financial assets accumulated during your marriage, you should consider contacting an estate planning attorney near Phoenix AZ. There are many different types of legal matters that will need to be addressed when a couple decides to end their marriage. When you retain an attorney, they can provide the expertise necessary for your particular situation and also guide you through the often confusing process of planning for the future. This can be an emotional time and it is important to have a person available who can offer sound legal advice.
The role of an estate planning attorney is not only to create a plan for your final resting place but also to draft a Will. Unlike most people, I realize that without a Will there is no way to make sure your wishes will be carried out as you wish. As with all legal matters it is important to take time when contemplating this important document. You will want to talk with your attorney and discuss the plan you have developed. This should not be a stressful or difficult time for you and your family.
One of the most common reasons people decide to put together a plan is to avoid probate. Probate consists of long and drawn out court proceeding in which the dead body of the individual who owned the assets is removed from their home and given to the surviving relatives. While this can be rather draining financially and emotionally for everyone involved, the aim of probate is to ensure that the wishes of the deceased are carried out. An estate planning attorney can help you draft a plan that will allow you to escape the probate proceedings. This will ensure your wishes are carried out as you wish.
Another reason for individuals to contact an estate planning attorney near you is if they have become seriously ill or injured during the course of their life. In most instances illness requires that a person make some major changes to their current plan. An experienced attorney will be able to help you draft a plan that will allow you to pass your belongings and property to loved ones without any major holes in the plan. This can help someone to resume their life the way it was before the illness.
Even if you are just starting to think about getting a plan together you should take some time and think about all of your options. A good estate planning lawyer near you should be able to help you figure out what kind of plan you need to get into. There are many options available to you including what kind of assets you can keep, what you will do with them, and how you will pay them down. Once you know what kind of plan you need the next step is figuring out how you are going to pay it off. If you are just beginning to think about this, you might want to consult with a financial advisor to help you get started. This is not only important for understanding the entire process but also to provide insight into how much money you might have left.
Remember that finding an estate planning attorney near you is easier than you might think. Many law firms specialize in this field and are more than happy to help you out. You need to make sure that you are working with a firm that is reputable and willing to work with you. This will ensure that you do not end up with any surprises once everything is in motion. Once you have figured out the whole process you can then start to set up your plan so that you can rest assured that your loved ones are taken care of after you are gone.
Israel & Gerity, PLLC
202 E Earll Dr #440
Phoenix, AZ 85012
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