Smart Ideas: Planning Revisited

A General Overview of Estate Planning

Many people believe that estate planning is only necessary if you are elderly or extremely wealthy. The truth is that, no matter where you currently may be in your life, estate planning is still really important. It is possible that we can pass away at almost any time, and if you pass before you have a clear and legal will, you will be leaving our assets in probate while your loved ones stake claims for the property that is rightfully theirs. you can see why estate planning can be so important no matter what your age may be.

Though we all know that we can sit down and draw up a will on our own, the question that many of us are likely to have is how can it be made to be official and legally binding? Wills are contested in court all of the time because the person who wrote out their wishes never took the final step of drafting a will that would stand up in a court of law. if you were to pass away without a legally binding will in place, your estate could end up being divided up according to the ruling of a court rather than to your wishes.

This makes one of the most important functions of an estate planning attorney the ability to draw up a legally binding and legitimate final will. By putting a legally binding will in place, your family members will be sure to receive the assets to which they are legally entitled and you will not have to depend on the state to distribute your estate.
Getting To The Point – Estates

Another aspect of an estate planning attorneys work is probate litigation. When someone who has no legal will passes away, their estate is said to go into probate until it can be properly administered. In probate litigation a will is ‘proven’ to be legitimate in court and the deceased assets are distributed in a way that resolves all claims. When your family suffers the sudden loss of a loved one, it may be necessary to contact a probate litigation attorney to help you ensure that the estate of your loved one is distributed fairly and as much to the wishes of the deceased as is possible.
Smart Ideas: Planning Revisited

If you are interested in learning more about the steps that you can take to plan your estate before you die, the best thing you can do is discuss your situation with a local estate planning attorney. Estate planning attorneys can help you create a legal will or revise your existing will to reflect your current wishes and also take steps to protect your assets from estate taxes and other agents of the state. If you would like to get in touch with a local estate planning attorney, the first thing that you should do is take a moment to visit the official website of a local probate litigation attorney. All you have to do to get started is perform a search engine search for a Columbia, S.C. estate planning and probate litigation attorney.