If you’re starting to work on your estate plan and want to create a will or trust, now is a good time to talk to your attorney. An attorney can help you put together a plan that will protect your assets and your future as you age. And, naturally, your estate plans will also take into consideration how you’d like to see your assets distributed once you pass away.
Did you know that attorneys can also help with the administration and probate process after you die? When you select an attorney, consider hiring someone who is qualified to help your family the best in their time of need after you’re gone.
How does an attorney help with estate administration?
An attorney can help with estate administration in a few different ways, including:
- Assisting with life insurance or death claims
- Opening and guiding the estate through probate
- Appointing a personal representative when needed
- Helping with the final distribution of assets
- Preparing and filing final tax returns
- Preparing the estate’s accounts
Attorneys who assist with probate matters can also help your executor make sure that they secure your estate, inventory your assets, find appraisers, locate and contact your heirs and more. In general, working with an attorney will make it much easier for your executor to work through the tangle of probate paperwork in a timely, efficient manner.
Select an attorney now to work with your family later
Choosing the right attorney now can make a difference later. Involve your family in your plans and help them understand both your goals for your estate and where to turn for experienced assistance.