Full Video Transcript
Estate planning attorneys deal with matters regarding your estate, which includes managing the assets you own (your home, savings, investments, etc.) and using estate planning tools to transfer those assets to the next generation while minimizing taxes. For instance, the most common reasons clients seek the assistance of an estate planning attorney include drafting a last will and testament, setting up trusts and living trusts, putting health-care powers of attorney in place and establishing living wills. In addition to the planning aspects of your estate, certain estate planning attorneys deal with problems that arise after a loved one has passed, for instance, with regard to contesting the validity of a will or other problems with the probate process. Consulting an estate planning attorney cannot only give you peace of mind regarding your wishes for your estate after your death, but can also help you possibly minimize the taxes that are imposed on the value of your estate - taxes your heirs may be forced to pay without such protections in place.