Many people put off their estate planning for this one simple reason: because they just don’t want to have to think about their own or a loved one’s death. However, it’s essential that everyone have a plan in place to ensure that the people in their lives will be taken care of when they pass away. While there are do-it-yourself estate planning kits available on the market, there’s nothing that can compare with having an experienced attorney to walk families through the planning process. Although some may believe that hiring an attorney is a waste of their hard-earned money, here’s why nothing could be further from the truth:
Understanding Planning Options
There are two types of products that may be involved in the estate planning process: a will and a trust. A will is great for naming asset beneficiaries or guardians for minors; however, those who have complex financial situations, have a high net-worth, or want to allow their families to avoid probate should consider a living trust. In some cases, both a will and a trust will be needed. When these decisions seem confusing or overwhelming, estate planning lawyers in Pottstown, PA can help clarify needs and ensure that families make the decision that’s best for them and their unique financial situation.
Making Sense of the Details
Estate planning often seems so much simpler than it really is. The reality of the process is that there is so much to think about, and it’s easy for people to leave out a vital detail or forget to address a critical decision. One of the roles that estate planning lawyers in Pottstown, PA will take on is helping families make sure that nothing gets left out of their will or trust. From end-of-life care to corporations and taxes, an attorney will be able to help families ensure that everything gets talked about and that the will or trust document properly reflects their wishes.
Estate planning is serious business, and the decisions made during this process will have long-lasting and far-reaching effects for both the person doing it and the family members they love so much. The good news is that David T. Schnarrs, Attorney at Law can assist families with their estate planning from start to finish. Contact him today to discover additional details about how utilizing an estate planning attorney can help provide much needed peace of mind for everyone involved.
