Why it is Essential to Contact a Scottsdale AZ Estate Planning Lawyer
Estate planning plays a critical role in managing one’s assets. If you are looking for a cost- efficient and hassle-free transfer of your assets to your loved ones in case the worst happens, then you need to get in touch with a Scottsdale AZ estate planning lawyer.
What is Estate Planning?
Estate planning is a process of planning the management of an individual’s assets in case of the event of their incapacitation or death. Estate planning includes drawing up wills and power of attorney papers so that your wishes are carried out in the event that you are unable to express them. A Scottsdale AZ estate planning lawyer arranges the distribution of items such as cash, real estate, jewelry, clothes and other valuables, as well as your complete wishes to be followed in accordance with state law. In simple terms, it is a plan that you prepare with the help of a well-trained estate planning lawyer in Scottsdale AZ to manage your assets after your death. Lack of estate planning can cause undue financial burden and conflict for your loved ones after your passing away. An attorney who is experienced in estate law, such as those at Braun Siler Kruzel PC, can help you set up an estate plan.
Qualities of an Estate Planning Lawyer
Sharing your personal and intimate details with your estate planning lawyer is a major step in preparing a well-established estate plan for you. So, it is very important that your attorney should be someone who can easily understand your feelings and your wishes. He or she should be well versed in state laws related to will and trusts. He or she should be able to understand the specific situation that you are in, and offer you specific advice on maximizing the amount of your estate that will pass to your chosen heirs.
Duties of a Scottsdale AZ Estate Planning Lawyer
He or she should be able to prepare a legally complete property power of attorney and reduce or eliminate estate tax; creating a will is also a major part of the job. In case of incapacity, your attorney should be able to establish a trust that can manage and pass your assets to your loved ones in the way you wish. He or she should also assist you with your retirement plans, insurance policies and business interests.
More about Scottsdale AZ Estate Planning Lawyer
A Scottsdale AZ estate planning lawyer is someone whose experience and continuing legal education will be able to guide you in preparing the most complete estate plan possible. Whether you have just begun your career and intend to build and protect your assets, or you are retiring and want to make sure your assets will transfer according to your wishes in the future, the team at Braun Siler Kruzel PC has the experience and years of service needed to understand your goals and advise you with the various options available to manage your estate. They will make sure that your wishes are carried out according to law in the event that the unforeseen occurs.