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Home » Guardianship » Estate Planning Requires Expert Guidance

Estate Planning Requires Expert Guidance

December 12, 2011 by Larry Parman, Attorney at Law

When you are heading into uncharted waters you’re going to need some expert guidance if you want to reach your destination without suffering any negative consequences. This is something to consider when you are contemplating your legacy.

There are websites that claim anyone with a computer can simply download estate planning forms with blank fields and use them to create an ironclad estate plan. You simply fill in the fields, sign the document, and you suddenly have a legally binding estate plan that will stand up to the scrutiny of the probate court.

If you apply some common sense something about this process simply doesn’t ring true. It is highly unlikely you would ever endeavor to draw up your own contract to protect yourself while you’re conducting a serious business transaction. So why would anyone entrust the protection and eventual transfer of their assets to their loved ones to a generic template document that is created by who-knows-who from who-knows-where with who-knows-what credentials?

If you truly want to have the peace of mind that comes along with knowing your loved ones will be provided for – come what may – you need to sit down with a licensed estate planning attorney to devise a plan that is tailor-made to your specific needs and desires. Each individual has a different vision, and each family is unique.

You have many options available to you and you can finely craft your legacy in any number of ways depending on your intentions and your potential exposure to estate tax liability. When you work with an expert you can be certain your wishes will be carried out, enabling a smooth and efficient transfer of assets when the time comes.

If you do not currently have a professionally constructed estate plan in place, now would be a good time to take action and make an appointment to speak with an experienced attorney who specifically specializes in legacy planning.

Larry Parman
Author, President and Founding Attorney
Parman & Easterday

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Larry Parman, Attorney at Law
Larry Parman, Attorney at Law
Founder and Owner at Parman & Easterday
After helping his own family deal with a lengthy probate and the IRS following his father’s untimely death in a farm accident, Larry Parman made a decision to help families create effective estate plans designed to reduce taxes, minimize legal interference with the transfer of assets to one’s heirs, and protect his clients’ assets from predators and creditors.
Larry Parman, Attorney at Law
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Filed Under: Guardianship Tagged With: Gift Tax, pet trusts, Social Security

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