What Does an Estate Planning Attorney Do?

An estate planning attorney, also known as probate or estate law attorney, is a licensed professional who has a deep understanding of both state and federal laws. They will help you determine how your estate will be valued, distributed, taxed, and inventoried after your death. Estate planning attorneys operate all over the United States. If you are in Bradenton, Florida for example, then there may be an estate planning attorney for you.

Estate Planning Attorneys can do a number of things including the following:

Making a Will
Designating your beneficiaries
Medical durable power and durable power of attorneys can be established
Find ways to minimize and avoid estate taxes whenever possible
Avoiding the probate court process
You can set up any trusts that you may need to protect your assets. This is both for your benefit in your lifetime and for your beneficiaries in the event of your death.
Although estate planning attorneys charge a flat fee for the creation of binding legal documents like wills and durable powers of attorney, they can also be hired on an hourly basis to help with your estate management, handle disputes on your behalf, and ensure that your will is executed as planned.

A probate court attorney can also be called upon by anyone who has power of attorney to manage an estate of a deceased person. A good estate planning attorney can help you avoid probate court. However, this will depend on the assets and legal transfer rules.

If a beneficiary, or even an individual that is not named as a beneficiary, announces that they plan to contest the will and sue an estate of a loved one who has died, it may be in your best interests to contact an estate planning attorney right away. These lawsuits can quickly drain estate funds and make beneficiaries feel worse.

Living in Bradenton, Florida and feel that you may need the services of an estate planning attorney? Find one today in order to protect what’s yours. It’s what you do before tragedy that has the biggest effect on the outcome of your estate.

Paul Grivas is an estate planning attorney in Bradenton Florida. He offers free consultations to help protect what’s yours.