The Internet and Estate Planning – Have You Really Covered All Bases?
The internet is becoming more and more important in our lives. We can search on it and find almost any information and documentation that we need. We can even purchase software for estate planning purposes. However, while it may seem very convenient and inexpensive to do your own estate planning, there are very good reasons to work with an attorney rather than going it alone.
When completing legal documents by yourself, there is always the risk that you won’t fully understand all the options or consequences of choosing one document over another or of incorporating one set of clauses rather than others. For most people, estate planning requires more than simply making a list of who will receive specific property. Estate planning incorporates tax strategies, giving strategies, and accounting plans to preserve as much wealth as possible, minimize tax consequences, and provide for the financial future of dependents. Every state has different estate planning laws that change over the years. And, estate planning is subject to federal income tax laws that also change fairly regularly. Estate planning can be a very complicated process, and the best, most effective way to attain your goals is by working with a knowledgeable attorney.
Getting Legal Help
Experienced Estate Planning Attorney Elga Goodman can help you understand the various issues and help you make the right choices for your specific needs. Working together, you can create an estate plan that preserves your assets, minimizes taxes, and protects loved ones. Contact us today at 973-841-5111.
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Information accurate as of the publication date of 2012