Why is it so important to have an attorney handle your estate planning?Estate planning involves much more than a set of documents.

When it comes to planning your estate, the first thing to keep in mind is the fact that you have an estate, no matter how small. Whether your anticipated estate is big or small, your loved ones are counting on you to plan for their safety and financial wellbeing. Your home, your life insurance, your retirement, your automobile, your family heirlooms and personal belongings, and even a future inheritance are all assets that require planning to ensure surviving family members (including any minor children) can access and benefit from them effectively and in a timely way on your death or disability.

A good estate planning attorney can help you: (1) identify all of the property and people in your life requiring protection; (2) evaluate your familys financial needs, wants, and abilities; (3) evaluate alternative cost effective ways and methods to provide for and protect your family in the event of your death or disability; and (4) choose, design, and implement the appropriate estate plan that is right for you.

A good plan helps to ensure that your assets are distributed and available to your chosen family members if there is a fatality or an accident or medical condition that leaves you disabled or otherwise incapacitated. A good plan with a Medical Power of Attorney and Financial Power of Attorney in place keeps you (and your family) out of probate court if you suffer from an accident or medical condition. If you have minor children, it is all the more urgent that a good plan is in place.

We can help you create a new plan, modify an existing plan, or simply confirm your existing plan does what you think it does. Most importantly, we can help you ensure your estate plan conforms to applicable laws and protects the financial futures of those who need your protection. Estate planning and probate can be confusing, often overwhelming, and affected by laws that are different in every state and seem to change daily. We are here to guide you through these complicated processes and areas of law. Contact Peterson Law Firm, P.A. for an estate planning consultation. For additional estate planning information, click here.

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Peterson Law Firm PA | Fort Mill, SC