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Legal Decisions When Making an Estate Plan

— October 5, 2022

Once all the basic information has been given, a person will have to start working out all of the details of their estate plan.

When making an estate plan, the owner of the estate will first have to speak with an experienced estate planning lawyer who can assist them with the documentation and paperwork required. When first meeting with the attorney, there are certain expectations the person will have to meet and there are specific details that will have to be given to the lawyer so they can conduct their job properly.  Firstly, the owner of the estate will be expected to provide their family details such as the names and ages of any children or beneficiaries they have, and their current marital status. Individuals will further be required to give sensitive information such as their financial details and the list of any assets they have in their possession.

Since there is so much sensitive information being exchanged, individuals should make sure they only connect with attorneys who they trust can handle their paperwork properly and who are qualified in the field as well as experienced in their estate planning dealings.

Once all the basic information has been given, a person will have to start working out all of the details of their estate plan such as at what ages they want their children to inherit the estate and the names of any guardians they would like to appoint when they are no longer around to support their family members. There are many decisions that a person will have to make when they are creating an estate plan and the advice of a trusted legal representative can prove to be very useful during this time. Individuals will have to decide who they want to appoint as their attorney-in-fact, who they want to inherit their estate, and how and when these assets should be given to them.

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Every decision a person makes will affect the future of their family’s security so they should make sure they are only making moves after consulting carefully with the experts first.

What makes an estate planning lawyer excellent in Saint George Utah?

Experience and transparency are the two main factors that individuals should look for when they are trying to find an estate planning lawyer to assist them with creating a Last Will and Testament, so their family members receive their assets without difficult when the time arises. The more transparent and open to communication the lawyers are and the more experience they have in the field of estate planning, the better they are to work with as they can offer a rich array of valuable advice that can make the estate planning process seamless.

Get in touch with an estate planning lawyer at the Law Office of Barney, Mckenna, and Olmstead P.C. today to begin estate planning the right way.

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