In this day and age of the internet and do-it-yourselfers, it is easy to underestimate the importance and complexity involved in preparing your estate plan. Planning for your death and incapacity is not a simple task to take on by yourself. Once you become incapacitated or pass away, you are no longer present to state your desires and ensure they are enforced. A Revocable Trust ensures that your wishes are laid out, and if done properly and clearly, enforceable along with tax planning and provisions to protect your estate. Therefore, it is of the utmost importance to have professional assistance when planning.
We all know that every family operates differently and sometimes these differences can cause unnecessary stress and complication, having a well-recognized estate planning attorney like Elizabeth and her team can add a new perspective and create a voice of reason within the family dynamic. Not only is the family aspect something to consider but the legality of the provisions in your trust as well. Each state has specific regulations on what can and cannot be declared within a trust, this can make the process of planning even more complicated especially if you have assets in different states. Whether your assets are large or small hiring a professional will help maintain your desires and ensure you are being legally compliant in these goals.