A Closer Look at Why Estate Planning is so Important

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Many people believe that estate planning is only necessary if you are elderly or extremely wealthy. However, the truth is that estate planning is important at any point in your life. 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.

 

Of course, anyone can sit down and write out a will, but the question is how can you make it legally binding? If you read the papers you probably have seen that wills are being contested in court almost everyday, chiefly because the people who drew them up did not make that final step to make them legally binding so they would stand up in court. When you pass away without a legally viable will, it means that your estate will be distributed according to a court ruling, not according to your wishes.

 

This makes one of the most important functions of Estate Planning Attorney Columbia Sc the ability to draw up a legally binding and legitimate final will. With a legally binding will in place, your surviving family will have no basis on which to fight over your assets and the state will have no place in deciding how your estate will be divided up.

 

Probate litigation is another important aspect of estate planning attorney job. When someone who has no legal will passes away, their estate is said to go into probate until it can be properly administered.  In a probate case, a probate litigation attorney will prove that a will is authentic and all claims are settled accordingly. Any family that suffers the sudden loss of a loved one should think about discussing matters with a probate litigation attorney to ensure that the estate is settled according to the wishes of the deceased.

 

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. The best way to consult an estate planning attorney in your local area is to contact them through their official website. The best thing you can do to get started is perform a search engine search for a Columbia estate planning attorney.

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