People spend their whole life acquiring a "domain". A domain can be big or small. It includes the savings accounts, checking and any investment account that a person may have, as well as all the property that he owns – including movable and movable property.
Most people have "movable property". Personal property is everything that a person possesses: a mobile home, furniture, paintings, a car, a collection of coins, their clothes, etc. People who own their homes rather than rent own "real estate". Real or "real" property refers to land and permanent structures (dwellings, barns, etc.) built on these lands.
After working so hard to develop a domain (even if you were not really aware of what you were doing!), It would be an absolute tragedy to see all or part of the family come out of the hands of this one after your death.
A real estate lawyer can help you prevent this.
A probate lawyer performs many functions to help clients protect their assets and ensure that they are where the client wants them to go.
Write a will
One of the main roles of the estate law lawyer is to help a client write a will. A will is imperative nowadays. If you do not specify in writing where you want each parcel of your estate to be transferred – from movable property to real estate – a court in your state will decide it for you … and will charge your heirs a lot of money. (It could reach thousands of dollars) for the privilege. It will also take a lot longer than leaving a will.
Create a trust
An alternative to a will is to create trust. With a trust, all of your assets are put into an account and you then appoint a "trustee" – someone you trust – who will disburse the funds if necessary. Trust is important if young children are involved. The funds they must inherit can be spent when they reach a certain age, rather than when they are too young to properly manage the money. An estate attorney, if he is so mandated, can also act as a "protector" of the trust if he so wishes.
Advanced Health Care Guidelines
More commonly known as a "living will", this document ensures that your wishes will be respected – with respect to your own health – in the event of an accident resulting in disability or if you develop an illness such as illness or illness. Alzheimer's, for example. affect your ability to make decisions for yourself about resuscitation, for example.
L & # 39; s approval
When a person dies, the estate must be divided as they please (if a will or trust was created) or at the will of the court (if there was no will or trust). This is called homologation. Probate is a legal process that must go through the court (and of course, fees must be paid to the court).
A estate lawyer gives you peace of mind
53% of Americans have a will. It's an incredibly low percentage. Many young people do not care about wills because they did not care about health insurance. However, accidents happen every day and it is imperative that even young people plan their future and all eventualities.
A real estate lawyer can help you.