What is an Estate Planning Attorney?

An estate planning attorney is also known as an estate planner or estate probate attorney, and they're able to help guide you through the process and educate you about estate laws. Estate planning attorneys also often work alongside tax and finance professionals while they help with a variety of tasks, including:

• Identifying beneficiaries
• Establishing power of attorney
• Establishing trusts
• Structuring ways to avoid probate
• Working with financial advisors to reduce estate taxes, etc.

Benefits to Hiring an Estate Planning Attorney?

1. Avoids Probate: Probate is a lengthy process, taking as long as two years, handled by the courts, and is often quite expensive. With an estate plan, you can avoid the probate process by having each of your assets assigned to designated beneficiaries.
2. Legal Protection: An estate plan can include a number of documents to ensure that your family and assets are protected. Such documents include the will, trust, power of attorney, guardianship nomination, and more.
3. Eases Stress for Beneficiaries: After your or a loved one's passing, there is a chance that the estate beneficiaries may experience struggles with legal processes. Without an estate plan constructed and finalized by an attorney, your family may encounter difficulties with finances or having the court reject documents due to illegible signatures or other errors in the documents.
4. Create & Edit Estate Plans Easily: An estate planning attorney is able to not only create a legally binding estate plan, but they are also available to revise and change your plan upon your request.

Contact Estate Planning Attorney at Law Gregory W. Files, PA.

For arranging what will happen to your estate after you or a loved one's passing, consider contacting an estate planning attorney today! Law Office of Gregory W. Files, PA provides estate planning legal advice and services in Windham, ME. Contact our family law and estate planning attorney today!