Would you hire a heart surgeon to wire the electricity in your home? When you’re dealing with something important, really important, that could affect your life and your loved ones, you need help from someone who specializes. If you’re wondering whether you need to hire an Alabama Estate Planning attorney to put together your estate plan, the answer is “yes!” And here’s why:
Estate Planning Is Not a Deck
Do-it-yourself works for some projects, but not others. Building a deck on the back of your house is one thing. Building a future for your family and yourself is entirely different.
An experienced estate planning attorney will see the big picture. He or she will analyze the moving parts of your life and get them humming along in sync. For instance, naming beneficiaries for some of your financial accounts is recommended. However, it can throw the rest of your estate plan out of whack. One heir could accidentally receive a bigger or smaller piece of the pie if your plans are not carefully crafted and updated regularly.
Plan for the Future
Writing a Will using an online website gives you a very simple estate plan.
But you need more than a Will.
A Will does not plan for possible incapacity or disability. It only takes effect upon your death. A complete estate plan addresses potential problems head on. In some cases, a Will-based estate plan may not even be the right option for you. Some estate plans are founded on trusts. Some of those trusts help provide income during retirement or prevent you from being disqualified for Medicaid.
Get the Right Asset Protection
Not all asset protection strategies work for all people. Any trusts or other asset protection vehicles should be crafted by an attorney who knows Alabama law.
And there’s more than one type of trust – which one might you need? Trusts can be complicated and lead to completely unintended consequences. Talk to your estate planning lawyer to learn what’s right for you.
Estate Planning Can Have Life-Changing Consequences.
Isn’t it best, then, to hire an Alabama estate planning attorney to get the right advice?
For a free consultation with an experienced Alabama attorney, contact us at 256-251-2137 or use our convenient Contact Form. We have offices in Anniston and Birmingham and serve clients in Gadsden, Hoover, Talladega, Vestavia Hills, and surrounding areas.