Discover the differences between an estate attorney and an estate attorney. Learn how everyone specializes in unique aspects of estate planning and management. An Estate Planning Attorney near North Charleston SC, also known as an estate attorney, specializes in guiding people through the probate process after the death of a loved one. Probate attorneys are primarily engaged in administrative tasks and ensure that the deceased's assets are properly distributed in accordance with their will or, in the absence of a will, in accordance with state intestate succession laws. An estate planner (or estate planning attorney) is a licensed attorney who specializes in end-of-life planning.
Also known as estate attorneys or estate planners, they can help educate you about the estate planning process and the laws affecting the transfer, disbursement and taxation of your estate.
Estate planning and estate management attorneys
perform vital, yet distinct, roles in the areas of legacy planning, asset distribution, and asset preservation. If you have just lost your spouse or a parent, think you may be entitled to a part of an estate, or have just received a letter from the court announcing you as the executor of a family member's estate, you could probably use a little help. It's often a challenge to know where to start in the succession process, and you may not be sure what questions to ask, who to ask, or if you're getting good advice and doing it right.An estate management attorney, also called an estate attorney, assists the executor in all of his responsibilities. Probate attorneys practice trust and probate law. It may seem like probate attorneys spend their days drafting wills and trust documents, but probate attorneys are actually responsible for all aspects of the processes used to protect and transfer assets after a client's death. If you have been appointed as the executor of someone's estate and you need advice on how to manage the estate, you should speak to an estate attorney.
An estate attorney helps liquidate an estate, while an estate planning attorney helps you structure your estate. When minor children or people with special needs are a concern for a client, the attorney can help establish a trust and then manage it. If a deceased has a will, the probate attorney submits it to the probate court, prepares and files probate court documents, and advises the personal representative of the will on the legal process for administering the will. heritage.
In addition to drafting a will, an estate planning attorney can provide you with valuable guidance on whether establishing one or more trusts is beneficial to your situation. While estate planning involves some time and expense, the process helps ensure that your assets are managed according to your wishes once you have died. Whether you're just starting the estate planning process or want to review an existing plan, an attorney who specializes in estate planning can be an invaluable resource. When you hire an estate attorney to handle things, you have freed up many hours from your personal schedule that you would otherwise have spent liquidating the estate.
On the contrary, estate management attorneys specialize in resolving a person's estate or trust after their death, through probate or trust management processes. Estate litigation is contradictory in nature and requires attorneys with experience in court proceedings, discovery, and negotiation. Estate planning attorneys are tasked with designing strategies to effectively manage a person's finances, property, and personal matters in the event of death or disability. If you or a loved one need help creating or updating an estate plan, managing the estate of a deceased loved one, or managing a trust, call us today.
Consider the following four steps to prepare for the estate planning process, along with expert advice. A succession plan is essential to address key questions about how your affairs will be managed, not only in the event of your death but also if you become incapacitated. Oil and Gas, Title Insurance and Closing Services, Business Law, Solar Energy, Land Leasing, Energy Regulation and Compliance, estate planning.
