Award-Winning Wills and Estate Lawyers
At Diamond and Diamond, our team of lawyers are here to provide guidance and assistance to our clients with legal matters regarding wills, estates and power of attorney documents. Wills and Powers of Attorney play a significant role in your estate planning. They give you the opportunity to structure your affairs and represent your wishes both during your lifetime and after your passing. At Diamond and Diamond we understand that your individual estate planning goals are unique to you and will work diligently to ensure your best interest and wishes are well represented. Call Diamond and Diamond today, 1-888-INFO-LAW, to schedule a consultation to begin your estate planning of use our free quote calculator to get a no-obligation quote.
Why you need a Wills and Estates Lawyer
Taking control of your financial future and the method through which your property is distributed involves careful consultation with an experienced wills and estates attorney. This is a very personal and sometime emotional process. Each situation calls for a dedicated lawyer, who understands your individual needs and will work hard to craft a plan this is most in line with your primary concerns.
Your estate is the property that an individual owns and has a legal interest in. This is frequently used to reference the liabilities and assets left by an individual after his or her death. A person’s will is the official written document that lays out the decedent’s desires for how his or her estate should be managed and distributed after death. The will takes effect after a person passes away.
An individual may also have a trust, which is created to hold assets or property for the benefit of someone else, referred to as the beneficiary. Trusts are managed by an individual referred to as a trustee, who has a legal responsibility to deal with the property for the beneficiary of the trust. There are many different types of trusts and you can discuss with your estate planning lawyer what is most appropriate for you. When a person passes away with a will, their estate is distributed according to the directions in the will. When an individual passes away intestate or without a will, the intestate succession law requires a specific distribution of that individual estate.
Planning ahead is helpful for you, but it can also help you articulate how you would like for things to be handled with your affairs while you’re alive as well as once you pass away. Some of the most important documents you create could be trusts or power of attorney agreements that lay out things to occur while you’re still alive.
What do I need to plan and provide to a Wills & Estate Lawyer?
There are many questions that may be raised in the estate planning process and as this is a highly personal situation you need to consult with a lawyer who has clear understanding of the various issues involved. There are also documents that you may need to have in place for management of your affairs while you are alive such as if you become incapacitated. A power of attorney, for example, is a legal document that gives another person a right to act on your behalf if something happens to you and you are unable to speak for yourself.