When it comes to matters having to do with real property and other assets, it pays to work with an Estates Attorney in Sullivan, Indiana. Attorneys who focus on this area of law can help with a number of issues related to an estate. Here are a few examples of when seeking legal counsel and support from this type of attorney will make a difference.
General Estate Planning
For people who are beginning to make plans for the future, there is no doubt that estate planning is essential. An Estates Attorney in Sullivan, Indiana, can help the client identify specific goals in terms of how to organize the estate to best effect. For example, the client may have a considerable amount of wealth and would like to create a means of providing ongoing allowances to a spouse and children over a period of many years. When this is the case, the attorney can help the client set up a family corporation, or possibly a series of trusts to achieve this goal.
Within the scope of this planning, the attorney can also help with the preparation of some basic documents. This includes a last will and testament, a living will, and a medical power of attorney. All these documents help to ensure that the wishes of the client are carried out, even if circumstances make it impossible for the next of kin to make those decisions. In addition, the details of those documents will leave no room for doubt about what those wishes happen to be.
Contested Wills
Seeking the services of an estate attorney will also come in handy if a last will and testament is contested. The attorney can look closely at the terms of the will, and provide guidance in how to move forward with the case. Doing so is important, since any claims that the will is invalid must be supported with hard evidence and be in accordance with current policies and procedures allowed by the law.
It is never too soon to begin thinking about matters related to an estate. Creating a basic plan of action helps protect the assets that are already in place, and provides a framework for updating the strategy as more assets are acquired. Talk to an attorney today and get started.
