One of the Best Living Trust Lawyers Phoenix, AZ
In this day and age, it’s more important than ever to have a proper estate plan in place. An estate plan will ensure that your final wishes are carried out and that your family is taken care of after you’re gone. If you’re considering establishing an estate plan soon, you may wonder if you should do it yourself or if it’s ideal to hire one of the best trust lawyers in Phoenix, AZ. With all the limitless information on the Internet, it may seem like you can draft up your own estate plan in order to save money. While it’s possible to create your own estate plan, it’s not recommended. Why? Here are some reasons why you should consider scheduling a consultation with one of the best living trust lawyers in Phoenix, Arizona instead of DIYing your critically important estate plan:
Not All Estate Plans Are the Same
Every person has different has his or her own unique needs and goals. What’s important to you might not be important to another person and vice versa. That’s why everyone needs a different estate plan. If you use generic software, there’s a chance you might not get an estate plan that reflects your needs and goals. One of the best living trust lawyers in Phoenix, AZ can assess your goals and then establish a customized estate plan.
You May Need More Than a Will
It’s a common misconception that a will is the only estate planning document you need. Most people will need more than that. One of the best living trust lawyers in Phoenix, AZ can look at your unique situation and help you choose the right estate planning resources to fit your needs. For example, your lawyer may determine that it makes better sense for you to have a revocable living trust than a simple will.
You Can Save Money
Hiring an estate planning lawyer is an initial investment. However, it might help you save more money in the long run. A qualified estate planning lawyer can help minimize court costs, taxes and other fees down the road.
A Lawyer Offer Objectivity
If you work with one of the best living trust lawyers in Phoenix, AZ, you also get the benefit of objectivity. He or she can provide you with solid advice and let you know if you’re not being rational. For instance, if you’re considering leaving your entire IRA to your 18-year-old son, your lawyer may tell you that he or she might not be mature enough to handle it.
Your Life Circumstances Can Change
You’re like to experience several changes in your life throughout the years. Maybe you get divorce from your spouse. Or perhaps you have a baby. When you have major life changes like these, you need an estate planning lawyer to help update your estate plan. For example, if you divorce your spouse, you’ll likely want to remove him or her from your will. The legal team at Kamper Estrada, LLP isn’t just here to help you draft your estate plan. We’re here to help you update and maintain it as your life and estate planning needs evolve. Please call us today. We look forward to speaking with you.