Life is meant to be unpredictable and we must be very well prepared for challenges at every step of this journey of unforeseeability. We humans have always been far sighted, always cautious about the upcoming if not cautious to be least; we are definitely worried about our future. And in that process we try securing ourselves in every way possible.
For an instance a person has been working all his life, making money as he treads along his life pages, but suddenly things go bad and the journey ends in a drastic way. These situations are not very uncommon, so it obvious on one’s part to be secured for the upcoming. So the best possible solution to these property issues (after demise) is by making wills. And for easy and ensured safety of these estates in right hands we have estate planning attorney as our saviors.
Estate planning attorney:
They are basically lawyers who help resolving issues related to property distribution and its proper functioning in cases where there is a possibility of mental disability and eventual death. They are proficient in advising their clients where one wishes in avoiding probates, or wants efficient and ensured transfer of property of the deceased to the immediate beneficiaries (spouse/children).
The estate planning attorney has the following roles that make him a crucial entity in these sensitive cases:
- They counsel the clients for establishing trusts having specific assets, properties to be used by the immediate beneficiaries after the death of the proprietor.
- They help avoiding probates, and establishing trust administration: the trust administration involves distribution of property of the deceased which is not a court supervised process unlike the probates.
- They also aid in making up of the wills and drafting the estate planning documents and trusts.
- Most importantly they ensure rightful handing of the estates to the immediate beneficiaries in case of death of the proprietor (to the spouse and children and sometimes to the nearest bloodline in case of their absence).