Avoid These Very Real Threats by Hiring an Estate Planning Lawyer in Brooklyn
Now that you’ve made the decision to hire an estate planning lawyer here in Brooklyn, it’s important to know exactly what you should be looking out for and what types of threats exist that your estate planning lawyer should know exactly how to help you with.
Here are some of the most common mistakes we see people running into when trying to hire an estate planning lawyer in Brooklyn who may not know exactly what to do in these complex situations.
Letting the Government Take a Larger Cut
The government wants to get its hands on as much of your money as possible through various tax implications, or title disputes. While some of these taxes are simply impossible to avoid, a skilled and experienced estate planning attorney here in Brooklyn should be able to help you avoid the pitfalls of misfiling for tax purposes or forgetting to file a simple ownership title in certain places that can end up costing thousands of dollars.
Don’t let the government overstep just because you haven’t checked all the boxes with a skilled attorney on your side.
Manhattan, Brooklyn, Queens, Long Island, New York, NY
Losing Your Assets Because of Clerical Errors
Likewise, clerical errors happen all the time because this process is much more complex than most general practice attorneys even may think it is. We have been working with clients for decades when it comes to Estate Planning, and we have made an art form out of checking every single detail to make sure that there is no chance a small error can turn into a major loss.
Not all Brooklyn estate planning lawyers can say the same thing!
Wasting Your Loved Ones’ Time
Any failures to properly plan for estate-planning distributions, or any sort of misfiled paperwork will almost certainly end up costing your loved ones time and potentially loads of money trying to dispute these things in court or figure out how to navigate the process after you are gone.
The more due diligence you do on the front end to set up your paperwork properly, the less stress it will cause on your family after you are gone, in a time when they are already at the height of an emotional state. Let’s keep things simple by doing our homework upfront.
Passing on Legal and Financial Burdens to Your Family
It’s not just the time and effort that goes into dealing with messy estate planning situations that can be a massive stress on loved ones, you can actually end up passing on major financial burdens to your family even if you don’t have them currently. This can happen quickly because disputes can arise where other people may claim ownership to certain assets or may claim that you have misfiled or misappropriated something in order to make a financial gain.
These Financial burdens will come down hard on your family if you don’t have the proper filing and paperwork in place to make sure that there is no question about where your money came from and where it should go.