Three Reasons to Hire an Estate Planning and Administration Lawyer in Hamilton

If you pass away without a will or trust, your assets could be at risk. In such a situation, there is no guarantee that your assets — including your belongings, your business, your home (or any other real estate property), your bank accounts and any securities you may own — will end up in the hands of family members or loved ones. As such, it is a good idea to sit down with an estate lawyer in Hamilton and draw up a plan for how to administer your estate in the event of your passing. Taking these steps can protect your assets and ensure that your family is taken care of after you are gone.

You may have already thought a bit about how you want to distribute your assets when you are gone. Perhaps you even spent a few hours typing up a will on your computer. However, at some point in this process, likely sooner rather than later, you will want to collaborate with professional estate lawyers in Hamilton. Here are three reasons why bringing a lawyer into the fold is so vital for the estate planning process.

Why You Need an Estate Lawyer in Hamilton

1. A lawyer will be familiar with all laws and regulations: You may have a relatively clear idea of how you want to distribute your assets after you are gone. However, there are laws about wills and trusts that dictate what you can and can’t include. Failing to abide by the legislation for wills and trusts in New Zealand can result in an invalid will. Other errors such as creating a will without a witness, or naming the wrong person as trustee or executor can also hurt the validity of your will. An estate lawyer in Hamilton will be familiar with all laws, rules and regulations and will help you to create a will or trust that is completely valid based on all legal benchmarks.
2. You can simplify the process for your loved ones: The probate process can be long, stressful and confusing for your loved ones. An experienced lawyer who knows about estate administration in Hamilton will help you get your estate in order so that it is organised and straightforward. These attributes will simplify the probate process and reduce the likelihood of any disputes over your estate and its distribution.
3. A lawyer can help you revise your will over time: A will may change from time to time, and will rarely be complete after the first draft, nor should it be. Rather, a will is more like a snapshot of your assets and your heirs at any given moment of time. If you marry or separate, or if you have children or grandchildren, you may wish to change who to include in your will. If you obtain new assets, you may want to add those to the will. A lawyer can help you to review and update your will when circumstances change.

Consult with Estate Lawyers in Hamilton Today

Don’t leave your estate up to chance. Hire an estate planning and administration lawyer in Hamilton today and start planning your will or trust. Call 07 839 4558 to reach Atticus Legal and schedule a consultation with one of our attorneys.