People often feel they don't need to hire an estate attorney and try to handle matters on their own. While it can be tempting to go it alone, it's advisable to consider the ramifications if estate planning documents aren't properly executed.
The cost to hire an estate attorney is far less than the cost to settle probated estates. Furthermore, lawyers can advise of strategies to protect assets during your lifetime. For instance, people can prepare power of attorney forms to authorize another person to handle personal, financial, business, or medical affairs if they are unable to do so.
Numerous life events impact estate planning. Things such as having children, owning a family business, or owning real estate in another state require different types of strategies.