Do You Understand Estate Planning and Probate Law as it Could Apply to You?By Dolan Law Office, LLC
Apr. 7, 2014 10:55a
It is important that everyone understands how estate planning applies to one's present, future and the future of one's loved ones. Estate planning in general concerns the legal arrangement of how you want your property, investments, cash, savings, debts, health care and other such matters dealt with in the event of a medical emergency or death. However, this is not the only role of estate planning. This area of law is also useful for the administration of one's estate in regard to loved ones even if there isn't a health issue or death. Whether your property and assets are large or small, it is highly recommended that you consult with an estate planning attorney who will understand what your specific needs are and how to meet them. Establishing a will and/or trust can bring about peace of mind and lay to rest any worry you may have about ensuring that your wishes concerning how your estate is to be managed or distributed. You may also have very specific requests when it comes to your medical care in the event of an incapacitating illness or accident or how you wish to be cared for in your elder years. Establishing a will and trust can also save your loved ones from a great deal of stress and confusion in probate court after your passing.
What is probate?
Probate is the legal process that occurs after someone passes away. It is a civil legal action conducted to ensure that the decedent's estate is lawfully distributed. When there is no legal will left by the deceased individual then the role of probate court is much more involved and it can be a longer process as well. A court representative must be made aware of all property, assets and debts connected to the person that has passed away and then distribute that estate accordingly so debts are paid off and the rest goes to the lawful beneficiaries. Creating a will now can help ensure a smooth probate process for your beneficiaries not to mention ensuring that your estate is distributed according to your express wishes.
Discuss your Situation with an Estate Planning Lawyer
Contact the Dolan Law Office today to speak with a highly knowledgeable lawyer on our team about your specific legal needs. We also help clients through cases involving probate court after a loved one has passed away. Estate and probate law can be complex and confusing but with the help of a dedicated legal professional it may be possible to get the resolution you are looking for.
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