Every marriage is not meant to last forever. No matter what the reasoning behind the divorce, it is important to have legal representation for each side. I almost lost everything because my former spouse said that he was taking care of things and that he would be fair about how the assets were divided. It took several weeks for me to find out what he was up to. It was then that I hired my own attorney and got what I deserved. You should never attempt to go through a divorce without a lawyer working on your side. On my site, I have listed several of the issues that can get overlooked if you are inexperienced with divorce documents and proceedings.
Probate is a legal process that determines how your estate will be distributed when you die. It is a good idea to set up an estate plan while you are still alive. This type of plan will support the probate process in the future.
An estate planning lawyer will help you identify your assets. They will discuss ways to safeguard your possessions while you are still living. You may be advised to obtain insurance for your valuables. You may also be advised to itemize your possessions. Itemizing your possessions will provide you with a comprehensive look at your assets.
When you are planning an estate plan, your lawyer will advise you on the legal way to appropriate your possessions for your living heirs. Deciding who will receive each of your assets will prevent confusion in the event that you unexpectedly die.
If you own a home and property, you will need to determine if the home and land will be passed on to a living relative or sold off. Selling your residence and land could become necessary if you have a lot of unpaid bills. The proceeds raised from the sale could ultimately satisfy your last expenses, plus cover your legal fees.
A Person Who Will Oversee Your Health And Well-Being
Your estate planning attorney may inquire about your health. If you have any pre-existing conditions, it is a good idea to appoint someone as your healthcare power of attorney. The person appointed will make decisions that are in your best interest. They may oversee your medical care plan, plus be in charge of monitoring your progress while you are being treated.
Important Documents That Need To Be Filed
Your last will and testament or living will are documents that can be prepared while you are still living. Your attorney will discuss the types of things that can be added to either of these documents. Your attorney will take notes during your initial meetings with them. These notes will help them prepare legal documents that will ultimately be filed at the courthouse.
Before the documents are finalized, you should take the time to review all of the notes that your attorney has prepared. At any time, you can make revisions to the documents that your attorney has prepared. Life-changing situations may warrant that modifications be made to either your last will and testament or your living will.
For more info, contact an estate planning attorney in your area.