• About
  • Contact Us
Saturday, June 25, 2022
Crypto Currency Financial
  • Home
  • Crypto News
  • CRYPTO CASINOS
    • Cardano Casinos
    • Ethereum Casinos
    • Litecoin Casinos
    • Tron Casinos
  • MARKET UPDATES
    • BTC ANALYSIS
    • ETH ANALYSIS
    • XRP ANALYSIS
  • About Us
  • Contact Us
No Result
View All Result
Crypto Currency Financial
No Result
View All Result
Home Crypto

5 Importance of Contacting an Estate Planning Attorney

Zorge Lee by Zorge Lee
August 27, 2021
in Crypto
474 36
0
5 Importance of Contacting an Estate Planning Attorney
701
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Estate planning is creating effective strategies to avoid or mitigate estate taxes, drafting living trusts, and protecting one’s assets. Since no one can anticipate what tomorrow holds, you need to at least ensure that your property is taken care of and that it ends up in the right hands. Estate planning is also a nice assurance that your loved ones will still be taken care of even after you have long departed.

Contacting Monge & Associates for your estate planning needs is a great decision, as they will help ensure that your will and testament is correctly written and signed and falls in the right hands. Let’s take a look at the importance of contacting a lawyer for estate planning.

Why You Should Contact an Estate Planning Attorney

1. Peace of Mind

Having secured all your assets and taking care of all your family even after death brings a great feeling of fulfillment and accomplishment as a person.  You have been working very hard to ensure your family is well taken care of, and even after death knowing you secured their future is a great relief.

2. State Laws Can Be Complicated

State regulations govern what can and cannot be included in a will, trust, medical or financial power of attorney. These Laws also restrict who can and cannot witness these documents, as well as the formalities that must be followed when they are signed.

3. You Require a Solid Plan

Planning for the unavoidable can be difficult, especially if you are unsure of what you require, your lawyers will help provide legal documents, financial instruments, terminology, and procedures required to implement your financial plan and have it held up in court.

You may be aware of the assets that you wish to pass on to either family or friends. You may also wish to leave something for a younger relative to access later in life, but give someone else immediate access to whatever you leave them. Your lawyers will be in a position to guide you on what to do and how to go about these scenarios.

4. They Can Update Your Plan

After you’ve drafted a plan with the assistance of an attorney, it must be kept up to date. Every three to six months, many people go through a substantial life transition. Your circumstances might change, or the lives of your beneficiaries may take a turn for the worse.

5. Attorney-in-Fact

A Power of Attorney is a legal document that authorizes one person to manage your financial authority upon your death or when you are physically or mentally incapacitated. We have all seen how guardianship queries arise after a period of time when the chief source of the family falls ill or dies unexpectedly after an accident. Your attorney will assist you in appointing a trustworthy person to manage your finances, affairs, and other resources.

6.You Will Save Money

If you avoid consulting an estate attorney when planning how your assets will be divided and instead rely on forms available on the internet or in a do-it-yourself book, you may end up costing your family. The judicial system may not approve your do-it-yourself documentation or you might have overlooked some critical papers that may create obstacles. Your heirs may end up using lots of money to consult with a trained estate planning lawyer to correct the mistakes and this could put them in a financial dilemma, especially if your estate was intended to provide for them financial freedom.

Hire the Right Lawyer

Before settling with just any attorney, ensure they possess the qualities you’re looking for such as great communication skills, and commitment to their profession. Contacting a qualified estate planning attorney will offer you with the necessary knowledge, support, papers, and estate planning guidance to safeguard the future of your family members when you are unable to make informed decisions or die. That is why it is critical to evaluate the experience, good characteristics, credentials, and reputation of the estate planning attorney you choose to engage.

Tags: AttorneyContactingEstateImportancePlanning
Zorge Lee

Zorge Lee

Lee a crypto evangelist with a deep curiosity and passion for learning and writing about everything to do with cryptocurrency. He has a background as a performing artist and songwriter and is a digital media enthusiast, with a bachelor degree in Multimedia.

Related Posts

8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

June 18, 2022
KCC Opens Validator Election, 100% of the KCC Gas Fee Allocated To Active Validators

KCC Opens Validator Election, 100% of the KCC Gas Fee Allocated To Active Validators

June 16, 2022

Coinhub AI quantitative trading leads the new wave of crypto, with user data up over 200% in Q2

June 15, 2022
Award-Winning Projects of the $1,000,000 KCC Unicorn Contest

Award-Winning Projects of the $1,000,000 KCC Unicorn Contest

May 28, 2022
United with the Global Guild to cast the cornerstone of Mars

United with the Global Guild to cast the cornerstone of Mars

May 18, 2022
Coinstore.com Accelerates Globalization Strategy and Launches “Crypto Tour of 50 Countries”

Coinstore.com Accelerates Globalization Strategy and Launches “Crypto Tour of 50 Countries”

May 9, 2022

Trending

Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals
NFT

Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals

1 day ago
8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem
Crypto

8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

1 week ago
KCC Opens Validator Election, 100% of the KCC Gas Fee Allocated To Active Validators
Crypto

KCC Opens Validator Election, 100% of the KCC Gas Fee Allocated To Active Validators

1 week ago
Crypto

Coinhub AI quantitative trading leads the new wave of crypto, with user data up over 200% in Q2

1 week ago
Animoca Brands, Leading Blockchain Games Company, Becomes Lead Liberty Gaming Investor
NFT

Animoca Brands, Leading Blockchain Games Company, Becomes Lead Liberty Gaming Investor

2 weeks ago

Recent Post

  • Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals
  • 8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem
  • KCC Opens Validator Election, 100% of the KCC Gas Fee Allocated To Active Validators
  • Coinhub AI quantitative trading leads the new wave of crypto, with user data up over 200% in Q2
  • Animoca Brands, Leading Blockchain Games Company, Becomes Lead Liberty Gaming Investor
  • MemeKong Setting The Standard For Meme Coins
  • JPEX is teaming up with the Western Sydney Wanderers to give away 250 exclusively designed NFT “J-ball”.

Categories

  • AI Trading
  • Axia
  • Bitcoin
  • Blockchain
  • Blockchain News
  • Business
  • Crypto
  • Crypto News
  • Cryptocurrency
  • Cryptonews
  • Cryptos
  • Deepcoin
  • Gaming
  • Guest Post
  • ICO
  • Metaverse
  • News
  • NFT
  • Press Release
  • Technology
  • Tezro
  • Token
  • Trading
  • TRADING GUIDES
  • Wallets

Tags

2020 Announces Betting Bitcoin blockchain Brides cannabis Casino Casinos Colorado Content coronavirus Covid19 crypto Cryptocurrency Currency Deal financial foreign Gambling Games Gaming Group Launch Launches live marijuana market Online Partners Partnership Play pot Pragmatic Red reports revenue Simple Slot Slots Solutions Sports Supply unveils William

About

The cryptocurrencyfinancial publishes regular news, analysis and opinion pieces on the latest developments in this fast-moving space. We offer the latest crypto news, expert pricing analysis and insight on the latest ICO's.

Contact Us: [email protected]

  • About
  • Contact Us

Associated with Blockchain Press Media Network

No Result
View All Result
  • Home
  • Blockchain
  • Crypto
  • News
  • Press Release
  • Price Analysis

Associated with Blockchain Press Media Network

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)
    $47,760.000.100% 24H
    BITCOIN
    24H : 0.100%
    Volume : $25,691,746,641.00
    Marketcap : $902,767,395,534.00
  • ethereumEthereum(ETH)
    $3,750.30-0.42% 24H
    ETHEREUM
    24H : -0.42%
    Volume : $15,543,537,817.00
    Marketcap : $446,191,570,291.00
  • binancecoinBinance Coin(BNB)
    $523.71-0.25% 24H
    BINANCE COIN
    24H : -0.25%
    Volume : $1,715,282,504.00
    Marketcap : $88,112,540,019.00
  • tetherTether(USDT)
    $1.0000.050% 24H
    TETHER
    24H : 0.050%
    Volume : $52,703,800,023.00
    Marketcap : $78,519,198,598.00
  • solanaSolana(SOL)
    $175.020.210% 24H
    SOLANA
    24H : 0.210%
    Volume : $1,660,210,957.00
    Marketcap : $54,115,741,275.00