Wyoming Estate Planning Attorney

Estate planning in Wyoming needs to be done in such a way as to comply with all of the state laws. These laws are the same in Casper, Cheyenne and Buffalo. The state of Wyoming establishes the laws and codes that dictate the way estate and probate cases are handled. These various laws change on a regular basis and no one keeps up with them better than a Wyoming estate planning attorney.

Need an Estate Lawyer?

An estate planning attorney is able to do many things for you including writing a simple will. It's possible also to get a form at Legal Zoom and write a will yourself, you could then have it looked at by an attorney to make sure it includes everything it should. When your will is done you should be looking at all the ways your estate could be planned to avoid probate.

Estate planning is all about passing on your belongings in the best way available according to your local laws. The best way available seldom involves probate court. It takes to long, can be expensive and is easily contested. Not only that but probate court is public, so the contents of your estate are open for anyone to see.

Your estate attorney is sure to suggest ways to avoid the probate process. A few of those ways include bank accounts listed as "payable on death" or "transfer on death", property deeded joint tenancy with right of survivorship, investment accounts and IRAs.

The growing popularity of living trusts have put estate planning attorneys in high demand. A living trust is just one type of trust. There are many different types, for various needs, and most of them will avoid probate in one way or another. If your financial and family situation would be benefited by a trust your estate attorney should tell you so and prepare it for you.

Trusts are also a way of providing for minor children financially. If you have children and are able to do this your attorney is probably going to suggest it. You should also appoint a guardian for your children if you have not already done so. That's a very personal decision you should be making, not a judge.

Once you have worked with your Wyoming estate planning attorney, and have put your affairs in order, do not forget to stop in every year for updates. Your finances may have changed or the laws may have changed, get in the habit of keeping everything current. Over the years it becomes important to have a good, open relationship with your attorney. If you don't yet have one let Legal Match help find the right one for you.

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