Tag Archives: Phoenix Estate Planning Attorney Association

Probate Attorneys – Sometimes A Specialist is Really Needed

In times of bereavement, attorneys can be very useful. For a grieving victim, probate complications can be daunting, and lawyers specialized in dealing with these complexities can be instrumental in getting through such a period. Let’s explore the ways in which it can be beneficial for the family to hire a probate attorney — even before passing on.Have a look at Phoenix Estate Planning Attorney Association for more info on this.

When it comes to writing a will, a lawyer can help in many ways. When a person dies in Florida without a will (or “intestate” dying), their assets are divided among their immediate family. If the deceased has a spouse and at least one child, their spouse may leave the first $60,000 of their estate beyond homestead entitlements, plus 1/2 of the remaining estate. The rest of it goes to their kids. The entire estate goes to the spouse if they have a spouse but no children.

If the deceased does not have a spouse or any children, as long as they are still alive, the estate goes to their parents. The estate goes to the siblings if the parents are dead. A good probate attorney may help avoid issues that could occur by guiding one through the process of writing a will, considering the complexities of distributing properties and estates. They will clarify the words that are not understood, so that it is possible to get through the process quickly and without losing any substantial information that might be unforeseen. A will is important, especially if you have children from a previous marriage, or your assets may not be dispersed the way you want them to be.

Of the many forms to move assets outside of a will in Florida, an attorney will help you pick. These other options can include: life insurance policies or trusts, donating cash or other assets before death; bank accounts “Payable on Death” (POD); retirement savings and Individual Retirement Accounts (IRAs) and “Revocable Living Trusts,” or offering all of your assets to a management trustee before your death. These choices offer a better plan for certain individuals than merely writing a will, but it can be hard to determine which one is best for you. Estate Lawyers Getting a lawyer at your side while trying to find out how you would like to proceed with your properties and estates after your death would help you know that these problems are treated properly. Every day, estate lawyers deal with these things, so they know far more about the process than most individuals do. That is why, during the process of probate, they are such an aid.