An estate planning attorney in Long Island helps you to make sure that you have a plan in place for your future. Everyone will eventually get older, experience the effects of aging, and pass away. You need to make sure you have planned ahead in case of illness or injury and in case you need long term care or nursing home care services. You also need to make sure that you have plans to facilitate the transfer of your assets after your death and to provide for the people you love when you pass away.
The job of an estate planning attorney is to help you to address these key issues. Meeting with an estate planning attorney is something that you should do when you are young and something that you should continue to do throughout the course of your life as your life changes.
Eghrari Wealth Training Law Firm is here to help. We make the estate planning process simple and easy and we work to ensure that you always have the right updated plan in place to meet your needs. Give us a call today to find out about the ways in which our legal team can help you and to get help determining how often you should meet with an experienced attorney to update your plans.
How Often Should You Meet with an Estate Planning Attorney?
It is important that you meet with an estate planning attorney on a regular basis so you can have a plan in place at all times that reflects your current life situation and your current wishes for your future.
You should make it a point to meet with an attorney as soon as you experience a major life change. This could include a change like getting married or getting divorced. If you have a child, or if a new grandchild is born, you should also meet with a lawyer to adjust your current plans to provide for the child and structure an inheritance in an appropriate way. Buying a business, acquiring new assets, going into debt, divesting yourself of assets, and making other major financial changes should also prompt a visit to an estate planning lawyer.
Being diagnosed with a serious illness is also a key time to make a visit to an estate planning attorney, as you will need to address some of the issues that could arise if your disease progresses. Estate planning attorneys do more than just help you to make a will. Eghrari Wealth Training Law Firm can also assist you with creating advanced directives for healthcare so you can take control over the medical care you receive.
Finally, even if you do not experience any major life changes or any major health changes, it is still a good idea to talk with an attorney regularly about the estate planning process. Typically, you should consult with your lawyer around once per year. Your attorney can help you to review your plans to make sure they are still a reflection of your current wishes so you can make any updates that you discover you need.
Your lawyer will also inform you as to any changes in the law that could affect your plans. For example, the exempt amount for estate tax changes periodically, so your lawyer can help you to determine if you are still exempt from state or federal estate tax depending upon the value of your estate. Knowing how the law changes your estate planning needs will allow you to make an adjustments to ensure that you are still using the right estate plan tools to meet your needs.
Getting Help from A Long Island Estate Planning Attorney
A Long Island estate planning attorney at Eghrari Wealth Training Law Firm can provide personalized help with your initial estate planning and with updates to your plan that you need to make during the course of your life. You don’t want to take a chance of having something happen to you when your estate plan is outdated and not a reflection of your true wishes, so be sure to give our legal team a call as soon as big changes in your life occur.
To find out more about the assistance we can provide with adjusting to life changes and with keeping your plans updated, join us for a free seminar. You can also give us a call at (631) 265-0599 or contact us online to work with an attorney at our firm on making or updating your personalized plan. Call today to get started.