An estate planning attorney, also referred to as a trusts and estates attorney, focuses their practice in creating estate planning documents, such as wills and trusts, advising their clients on various estate and tax issues, and working with them to minimize estate tax liability. You can determine how much of your estate – be it property, cars, financial investments, etc. –you want to pass down to and to whom. Attorneys Cohen & Winters, PLLC are estate planning lawyers in Lebanon NH and offer free consultations.
If this has been something you’ve been procrastinating on, hire a local estate planning lawyer near you so that they can guide you, draft documents for you, like wills, trusts, and so on.
What is the benefit of estate planning?
The main benefit of an estate plan is its power to minimize the future expenses, delays, and loss of privacy. A thought-through paperwork will simplify certain procedures. Like which charity you’d want to donate money to, or business succession, can all be incorporated into an estate plan.
Usually, estate plans include providing for one’s family, minimizing taxes, providing for a proper distribution and stewardship of assets and protecting them.
What is the estate planning process?
During estate planning you decide who will receive your assets in the event of your death or incapacitation. Often done with guidance from an attorney, one of the goals is to ensure the person’s heirs and beneficiaries receive assets in a way that minimizes estate taxes.
How do I Know If I Need a Will?
If you die without a will, there are certain rules about who gets the money, property and possessions. This may not align with your wishes on how your money and possessions should be distributed.
A will is a legal document. If you die without a will, state law governs. You definitely need a will if you are married, have kids, or have a lot of assets. But you might not need a will if you are young, unmarried, childless, and without important assets.
Contact us today
We will be happy to help with all the paperwork that you need handled. Cohen & Winters attorneys can take some of that weight off your shoulders.
Contact Us Today for a Free Consultation or Call Us at (603) 836-8453.