Could your estate wind up in one of Maine's 16 probate courts? Would your assets be distributed by a judge and a handful of expensive lawyers? If you were to die today, do you know what would happen to your assets and your family? The time to make these decisions is while you are alive and the way to do it is by working with a Maine estate planning attorney.
Estate planning is the only way to be sure your assets are distributed in the manner you see best. The judge should not have to do this for you, but if you wait to long that's what will happen. An estate planning attorney is able to do far more for you than simply writing a will. A will is just the beginning of estate planning.
Your Maine estate planning attorney should be looking into all of your financial needs. The best way to pass along an estate is out of probate. Property that is deeded as joint tenancy with right of survivorship should pass out of probate. In other cases a living trust is a better solution. Joint bank accounts are another way of avoiding probate. An estate attorney should be able to asses your needs and put together a plan where your assets are distributed in a fast and inexpensive process.
Finding an estate planning attorney should not be hard. Portland has their share, as does the rest of Maine. Legal Match is in the business of matching the right attorney with your particular needs. You fill out a form and only qualified attorneys will respond. If you have friends that are currently working with an estate planning attorney see how they feel about the service they are receiving.
Estate law is a specialty field where lawyers receive additional training beyond basic law. The regulations governing estates are complex and may not be completely understood by an attorney who does mostly criminal work. These laws are written at the state level making it important that your attorney works in the state you reside. Your estate planning needs should be best served by a Maine estate planning attorney.
Hopefully you have a financial plan and your assets are growing. Don't put off the next step, estate planning, until it is to late. The sooner you start the better. In the process of working with stacks and stacks of paperwork you may find the need for a legal form or two.
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