Estate planning can be complex and time-consuming. Considering the legal hurdles involved, you may not know where to begin. The team at ALG Lawyers can help. Our knowledgeable and experienced lawyers will make the process as simple as possible.
What Is Estate Planning?
It is the process of arranging how an individual’s assets are to be divided, managed or preserved after death. Estate planning involves many steps, like preparing a will or power of attorney.
What Happens in Estate Planning?
During the process, our lawyers will help you create an inventory of all the assets that make up your estate and prepare a plan for their distribution. These instructions are your will. If you have no will, the courts decide how to divide your assets after your death.
You may also wish to have a power of attorney, which appoints someone to make decisions on your behalf should you become incapacitated. Estate planning helps protect your assets and provide for your loved ones after you’re gone.