What Does an Estate Lawyer Do?
Estate lawyers practice in a variety of areas where estate law is concerned. The most common being the preparation of estate plans, wills and trusts.
To properly understand what an estate lawyer does, the areas in which they practice must also be understood. An estate, first of all, is everything a person owns. And estate refers to the entirety of a person’s wealth; such as assets, life insurance, pensions, real estate, cars, personal belongings, and debts. An estate plan is put in place to ensure that the estate is handles in accordance with the deceased or incapable person’s last wishes. An estate lawyer, or estate lawyer South Africa, serves to legally draft and implement the documentation which will serve to ensure who will acquire the belongings of the deceased, names an executor to handle the affairs of the deceased, names guardians for minor children, helps avoid probate, prepares for financial and medical decisions if an individual is unable to do so, and lessons the stress for relatives following the death of a loved one. An estate lawyer handles the entire process, and should be consulted to get a broader understanding of all areas around the preparation of an estate plan.