Buffalo Estate Planning Lawyers Providing Experienced Estate Planning Guidance
Estate planning is one of the most important tasks we can do for ourselves and yet it is also one of the most neglected. Whether you haven’t done any estate planning or need to update your estate plan, working with an experienced estate planning attorney is an investment in you and your family’s future.
Our team of Buffalo estate planning lawyers at HoganWillig provides a full complement of estate planning services including, guardianships, long-term care planning, wealth management, and elder law. No matter what your needs may be, we can help you gain peace of mind and build future security for your family.
Most Common Estate Planning Documents
When discussing estate planning, most people immediately think of a will. While a will is often a fundamental estate planning document, the reality is that even a well-drafted will may not meet all of your estate planning needs. Sound estate planning often involves a series of interconnecting documents that cover all aspects of your future needs. These documents typically include some or all of the following:
- Your Last Will and Testament
- A revocable living trust
- A durable power of attorney
- An advanced medical care directive (sometimes referred to as a “living will”) or a healthcare power of attorney
In the event of your illness or death, these documents will help your loved ones in the following ways:
- By making clear your intent for the distribution of your assets
- By giving someone the ability to manage your financial affairs when you are unable to
- By providing clear guidance on your end-of-life care and authorizing someone to make those most important decisions
It can be difficult to anticipate your needs and the needs of your family and no one can predict the future. However, our experienced Buffalo elder law lawyers can help you develop a comprehensive estate plan that offers the protection you and your family need.
How Soon Should I Meet with a Lawyer After My Loved One Dies?
The days and weeks following the loss of a loved one are a time for grieving. While there is no need to immediately meet with a lawyer, it is best if you meet with one within one month of your loved one’s death. As difficult as it may be, you need to move forward with administering the estate for several reasons.
For example, the executor needs to manage the estate assets in order to avoid them losing value or being lost. This could include ensuring that payments are made on loans or making necessary repairs to a valuable piece of real estate. The executor will also need to make sure that any creditor’s claims are timely paid in order to avoid excessive interest, late fees, or other penalties.
Our Buffalo elder law lawyers know how difficult this can be. Our goal is to help you navigate this process so that you and your family can move forward with your lives.
Contact the Buffalo Estate Planning Lawyers at HoganWillig for All of Your Estate Planning Needs
Estate planning doesn’t have to be difficult – our goal is to make it as easy as possible. Let us help you prepare for the future. Call us today at 716-636-7600 or contact us online to schedule a consultation to get started.