A real estate planning attorney is an attorney who provides legal advice to clients with assets that must be managed in the event of their death or incapacity. This includes the release or granting of these assets to their heirs and the payment of the appropriate estate taxes to the State.
Estate Law Attorneys:
Estate planning attorneys are responsible for the determination of specific distribution of their client's estate to their heirs. These attorneys are the best people to give advice to clients who want to establish a trust that will allow assets to be saved and reserved for a beneficiary. They can draft wills or other documents related to trusts and estate planning.
Estate planning lawyers can help you understand the laws governing retirement plans and insurance. They can also help with trusts, estate plans, and other related matters that require court litigation.
There are two types of estate law attorneys: the transactional and litigation real estate attorneys. Transactional attorneys are responsible for reviewing documents, preparing documents, and negotiating terms. A litigation attorney, on the other side, is responsible for resolving legal issues in real estate transactions.
An estate planning lawyer is a good choice to help with the disposition or distribution of a person's estates. It makes the process easier and helps increase the estate value through reduced taxes and other expenses.