4 Ways You Didn’t Know a Probate Attorney Could Help...

People typically assume that a probate lawyer is only available to help in distributing their assets after they die. However, probate lawyers provide much more than this. If you are looking for a probate attorney in Naples, FL, here are 4 ways in which you never knew they could help. Estate Planning For the Living Probate lawyers are not a resource to seek once someone is deceased, as many people assume. In fact, it takes time to find an experienced, quality probate lawyer, and it is something one should do while still living. A probate lawyer can help you develop your last will and testament to avoid any conflict among loved ones. Be sure to also discuss the division of assets with your heirs directly, as they may place higher value on certain assets than others, especially assets that may have sentimental value. Trust Planning and Power of Attorney Trusts are used to ensure the best timing of the transfer of your assets, and are useful for minimizing estate taxes. A third party essentially holds assets on behalf of your beneficiary(s) until the time that you designate, such as the recipient’s 18th birthday. Furthermore, probate lawyers can help you determine power of attorney (and medical power of attorney), which are things that many people do not think about before they grow old. We may find ourselves in a situation where it is better for our trusted loved ones to make decisions on our behalf, and so it is important to designate who these specific people are so that there is no confusion and no legal complications. Probate lawyers ask these tough questions when you may not be thinking about them. Asset Protection Someone with considerable assets is highly encouraged to seek asset protection. Asset...