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1) Do I Need a Lawyer to
Make My Will?
Most people don't need a lawyer to make their
will. Here's why. If you're thinking about making
your own will, you may feel a little uneasy about
the process. After all, a will is an important
legal document -- shouldn't you seek a lawyer's
help?
2) Do You Need a Lawyer to Make Your
Living Trust?
For many Americans, a significant goal of
estate planning is to avoid probate. A living
trust, unlike a will, offers people a fast, private,
probate-free way to transfer one's property after
death. Although a living trust is not a complete
substitute for a will (it doesn't allow you to
name a guardian for a child, for example), it
is definitely a cheaper and more efficient way
to transfer property at death, especially large-ticket
items such as a house, business and investments.
3) When do I need a lawyer?
Some things may be handled best by a lawyer.
You should always talk with a lawyer as soon as
possible:
° if you are sued,
° before you admit or deny guilt for a crime,
° before you make a statement to the police
or
° if you have been in a serious accident which
injured someone or damaged property.
You should also consult a lawyer early if:
° you are considering a lawsuit,
° you are considering divorce or adoption,
° someone in your family dies,
° you want a will or need estate planning,
° you are considering bankruptcy,
° you have tax problems,
° you are buying or selling a home, or
° you are organizing or dissolving a business.
4) Do I Need a Lawyer or Tax Professional
to Help with Starting a Nonprofit?
There is no legal requirement but you are
advised to seek the advice of an attorney and
or tax professional if you have any uncertainty
pertaining to your specific situation.
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