Law is something best dealt with under the supervision of a professional. In cases of estate planning or wills, getting the assistance of a probate lawyer is crucial. Some people may be deterred by the cost of hiring a lawyer but to be frank, the costs are nothing compared to the benefits you may get by hiring professional assistance in matters of probate.
The need for a probate lawyer emerges when a loved one has passed away. Naturally, one is not in the state of making objective decisions at such difficult times so probate lawyers come in handy during those critical times. Moreover, matters like tax filings, drafting and filing petitions, and dealing with insurance laws among others can only be handled by a competent professional.
Some benefits of hiring a probate lawyer are listed below
Seldom has it happened that all persons involved in probate are satisfied with the will of the departed. During such times risk of conflict among family members is very high and as everybody is on equal footing in claiming his share, the chance of listening to other is often very slim. In such scenarios, a probate lawyer serves as an arbitrator and often works out a compromise by using fear of lengthy and expensive court proceedings et cetera.
Prevents errors and defends the will
Legal matters are simply out of the purview of any ordinary man no matter how much educated. A probate lawyer is the only capable person to handle such matters of wills and bequeaths. In addition to freedom from personal liability, a probate lawyer reviews the whole proceeding for any potential loopholes and prevents errors that can have grave consequences. Moreover, a probate lawyer makes sure that the deceased’ will is followed in letter and spirit. He can also be of help in case of any claims filed against the estate.
Helps in the process
The probate process is often long and nerve testing. Amateurs often get entangled in it and end up wasting precious time and resources. A probate lawyer, on the other hand, knows everything like the back of his hand. Being familiar with all the processes and documentation, he can get it done swiftly and smoothly.
Normally the matters of probate spring upon the death of a loved one. In such times of grief, it is often very difficult to cope with lengthy and complicated matters of probate as they involve documentation, dates, lists, and much more. Hiring a probate lawyer can effectively divert the stress and take care of all these complex matters while allowing you to grieve in peace.
Knows about concerned laws
A skilled attorney is familiar with changing legislation and income tax or estate laws of the area which directly affects the whole probate process. For instance, a probate lawyer will know that as per probate law NY, a will can be probated only if the deceased left assets worth $50000 or more. Only by knowing the concerned laws, applicable to a proceeding, a lawyer can be an effective administrator or executor of an estate.