When a person dies, they leave a range of assets for their loved ones. These assets could include jewelry, cars, money, houses, pets, and much more. Where do all these assets go? There is a will in place which contains the beneficiary’s name. It could be one beneficiary or many – read the will and find out.
What if there is no will? There will be a legal process. If you were close to the deceased, you have a right on the assets. The family members seek legal advice in such cases.
Even if there is a will, there can be some form of dissatisfaction among the beneficiaries. Maybe the family members are not convinced and they want the assets to be distributed equally. Whatever the reason maybe – you need an estate lawyer.
Here’s a quick post that highlights why you need an estate lawyer for your case. Let’s begin!
#1 Estate Planning
There’s only one thing certain – death. Everybody has to go someday, and it’s best to plan your kid’s future. Lawyers will help you get a will in place. You can distribute the assets equally or give them to the rightful entity.
Once you are no longer there to support your loved ones, their name in the will helps them get your assets.
#2 Trusts and Wills
Since a will is a legal document, you would need your lawyer. The will is a document that has all the details regarding what the executor has to do with the assets.
Let’s say, you have two things that have to go somewhere. Then, a simple will should be okay. However, if you have quite a few assets, it is best to set up a trust.
Your loved ones can keep staying in the home without worrying about losing it.
#3 Probate
Probate is going to be a lengthy and complicated process. Thus, you would need an estate lawyer to take care of this.
The assets should be distributed as per the last wishes of the deceased. Thus, the probate process is essential.
Concluding Thoughts
Having lawyers such as estate lawyers Litvack dessureault LLP will be helpful for you.
You don’t have to get your hands dirty by indulging in complicated legal processes. The estate lawyer will take care of everything. If a family member is acting mighty and wants all the assets, the estate lawyer will ensure that justice is served.
