Everyone needs an estate plan. Though planning for the future has its own challenges, it’s nonetheless important for those who want to care for the people they leave behind. If you’re still on the fence about creating one of these plans, learning more about how they work will convince you of the importance of estate planning.
What is an Estate Plan
An estate plan is a series of documents used to determine what happens to your estate when you pass away. Most people think of this as simply a will, but the best estate planning lawyers Milwaukee has to offer remind readers that estate plans also include things like powers of attorney and trusts. These documents all serve the purpose of giving you a voice when you’re not able to do so on your own.
What Does an Estate Plan Do?
When you work with an estate planning attorney Milwaukee residents trust, you’ll be setting up a document that gives you more control over where your assets go after you pass. You’ll also have more of a chance to make sure that those you care about receive what they need, whether that’s guardianship for a minor or a bequest for an adult. Estate plans are simply your best chance to plan for what comes next for those you leave behind.
How a Lawyer can Help with Your Estate Plan
A good lawyer is a vital part of estate planning. Not only can he or she draft the documents necessary for you, but your lawyer will also be able to advise you of the best ways to carry out your wishes. Whether this means introducing you to new estate planning concepts or putting together a will that will stand up in probate, a good lawyer is always an important part of the process.
While it can be tough to contemplate your own mortality, it’s worth planning for a future in which you are not present. A good estate plan can protect that which you’ve worked hard for as well as those who you love the most. If you’re ready to think about your future, make sure to contact the Milwaukee estate planning lawyers at Stupar & Bartell.