The Importance of Choosing an Estate Planning Attorney

When it comes to passing on a family legacy, an estate planning attorney is one of the most important professionals you can hire. An experienced New York estate lawyer can provide a comprehensive service that ensures the preservation of assets for future generations, minimizes tax liability and provides peace of mind to family members.

An effective estate plan typically includes a last will and testament, power of attorney, health care directive, and trusts for property distribution upon death or incapacity. A skilled New York estate lawyer can help you create a legal strategy that meets your unique circumstances while taking advantage of state and federal tax benefits.

Top Reasons to Hire an Estate Planning Attorney for Your Will and Trusts

In addition to providing legal expertise, an estate planning attorney can provide a guiding hand through the maze of legal, tax and personal decisions that comprise an effective estate plan. It is all too common for individuals to ignore the need for an estate plan, resulting in unintended consequences and a significant burden on family members. An estate plan can also reduce the expense and hassle of probate.

When choosing an estate planning attorney, it is best to shop around based on skill and experience, recommendations from friends and family, and cost considerations. In particular, it is important to avoid lawyers who focus on general practice and do not make estate planning their primary area of practice. They may overcharge or deliver documents that fail to comply with New York law, potentially costing your estate and loved ones substantial sums in the long run.