What is Estate Planning attorney and why you should hire their services?

An Estate Planning Attorney in the USA helps protect the assets that you have accumulated over the course of your life.

A well-designed estate plan can protect you against financial abuse, theft or fraud. And you will be reassured to know that your loved ones will be protected upon your death and that your financial assets will be distributed according to your wishes.

Financial abuse:

As we age, we all become more dependent on others, making us more vulnerable to potential financial abuse. Seniors are particularly at the mercy of financial abuse, including investment fraud. If they lose some or all of their savings, they have less time to regain their financial stability.

The repercussions of financial abuse at the expense of the elderly are not confined to the wallet alone. They can lead to problems with social isolation, depression or anxiety, and other health problems.

Financial abuse at the expense of the elderly includes:

- Fraudulent investments

- Investments that are not suitable for the senior's situation;

- Flights

- Actual financial abuse

A topic of conversation to discuss with the family:

Have you talked about your financial situation with your adult children? In the event of a crisis, will they be able to find your important documents? It is in your best interests and that of your children to have a frank discussion on this matter. The Best Estate Planning Attorneys offer guides to facilitate the conversation.

An estate plan can include a will and a power of attorney:

A power of attorney allows you to appoint someone you trust who can take care of your finances if you ever become unable to do it yourself. Without a power of attorney, your loved ones may have to go to court in order to access your bank accounts to pay your bills.A financial power of attorney is only valid during your lifetime. A will, on the other hand, takes effect upon your death.

Have you been given a power of attorney? You may be wondering what this means, what your responsibilities and obligations are, what you are not allowed to do and what is the best way to fulfill this role.

We have put together some information that may help you better understand financial proxies. For information on Powers of Attorney for Personal Care, speak to our Wills and Estate Planning Attorney Near Me.

Are you in search of the Best Estate Planning Attorney Near Me, look no further and get in touch with us at handelonthelaw.com.

0 stars, based on 0 reviews

Until 04/02/2022 00:00:00