Working with an experienced, recognized Warren estate planning lawyer is not necessary for every individual or every family. In cases where there is a limited estate, a single marriage, and very limited assets or property to consider in the will an attorney may not be required.
However, this is rarely the case in most families today. Different situations in life, with any size of estate, can require special legal consideration in developing a will that is valid and enforceable.
By working with a Warren estate planning lawyer, an individual can have their will correctly written to be compliant with all laws of the state, all applicable taxation laws, and to maximize the funds and assets left to the beneficiaries.
Special Considerations
If you find you have one or more of the issues listed below in your life, working with a reputed Warren estate planning lawyer is highly recommended. The more of these factors you have the more important it will be to avoid potential problems in writing a will on your own or through an online service.
- Multiple marriages with or without children
- Minor children outside of marriage
- Children, either minor children or adult children, with disabilities or special needs requiring long-term or ongoing care and support
- Large investments in stocks, bonds or market accounts
- One or more businesses either a full owner, partner or investor
- Properties located in more than one state or internationally
- Substantial IRAs or 401(k)s or other retirement funds
- No surviving family members or the desire to donate some or all of your estate to charity with or without surviving family members
- Jointly owned property with someone other than a spouse or child
There are other cases as well where a Warren estate planning lawyer can be very helpful. In situations where there is a concern as to how to limit the taxes facing the beneficiaries an estate planning attorney will be able to provide you with information on your options.
Keep in mind your Warren estate planning lawyer will also be able to work with you on Medicaid planning and how to create health care directives in the event you are unable to make decisions on your behalf. He or she will also be able to write Living Wills and set up life insurance trusts to ensure your last wishes are carried out exactly as you choose.
